Perpetrators will go to jail: Amplats’ Griffith
Chris Griffith, CEO of Anglo American Platinum, said the government had finally taken the right steps that would stem mine violence and send perpetrators to jail.
Venkat bullish on deal with labour, Govt
AngloGold Ashanti CEO, Srinivasan Venkatakrishnan, expressed optimism that South Africa would solve the labour protest and violence at its mines.
Rio, Guinea agree to expedite Simandou
A high level meeting in London between Rio Tinto, the Guinea government and the IFC has given fresh momentum to plans to build the Simandou iron ore project.
Harmony Gold to write down Hidden Valley
The decline in the gold price and the poor performance of Hidden Valley meant Harmony Gold would have to write down a portion of the asset, it said.
Study shows the pitfalls of miner optimism
A recent study by consultancy PwC confirms we are dealing with a market that shows the benefits, hallmarks, and excesses of miner's optimism.
SA, Russia at cross purposes on PGM cartel
Are South Africa and Russian singing from the same hymn sheet in respect of establishing an Opec-style platinum organisation?
Amplats protest muddies Govt summit progress
UPDATED - Up to 2,400 workers are being prevented from existing an underground shaft at one of Amplats' Rustenburg mines, the company said.
Rand helps SA gold firms absorb Eskom hike
Assuming a relatively stable gold price of $1,400/oz, SA gold shares can start to offer some value with the rand weakness already offsetting power tariff increases.
Wescoal to double up coal trading arm
Wescoal Holdings said it is to buy a domestic coal trading business for R79m that would double its current activities.
AMCU stance unclear as Lonmin makes ‘offers’
It was unclear whether AMCU intended to press ahead with a strike at Lonmin with the platinum producer saying it had made "reasonable offers" to the union.