Gold Fields’ KDC West hit by strike
Operations at Gold Fields’ KDC West gold mine have been brought to halt following
the start of a second unprotected strike in as many weeks at the gold mining firm.
Gold Fields workers seek R12,500
Striking workers at Gold Fields’ KDC West mine are demanding a minimum monthly
salary of R12,500, a benchmark in a spate of wage-related labour disputes across
the industry.
Glencore sweetens Xstrata ‘takeover’ proposal
Glencore surprised the market issuing improved terms for its combination with Xstrata but could term the proposal a takeover with its CEO, Ivan Glasenberg taking the reins of the combined unit.
Wescoal signs R700m Eskom supply pact
Wescoal, the junior coal miner, has signed a R700m, three-year coal supply
agreement with Eskom.
Amcu won’t budge until R12,500/pm agreed
Amcu said that only an agreement to pay miners R12,500 per month would bring an
end to strike action at Lonmin’s Marikana mine, now into its third week.
“I don’t want to demonize Kumba’ – Amsa CEO
Nonkululeko Nyembezi-Heita talks to Miningmx about her company’s relationship
with Kumba, Anglo American and the Competition Commission part of which she
thinks there’s rot in the steel industry.
Jindal completes $116m swoop on CIC Energy
In a move that may provide fresh momentum to Botswana’s coal industry, Jindal
Africa has concluded the takeover of CIC Energy Corporation.
Amcu’s Mathunjwa says accord decision “complex’
Amcu president Joseph Mathunjwa says the union’s decision to rebuff Lonmin’s peace
accord is complex and requires a full explanation, due on Friday.
NUM brings ends to Gold Fields KDC strike
Gold Fields said a strike involving 12,000 workers at its KDC East mine on the West Rand had been resolved after differences between NUM leaders and regional office bearers were resolved.
PIC buys 8% stake in Northam as Afripalm exits
UPDATED: Lazarus Zim's Afripalm Resources has quit its stake in Northam Platinum,
which sees the platinum producer's BEE shareholding fall to 12%.