AllanHochreiter to list Sable Platinum
James Allan and Rene Hochreiter are to list their platinum interests through a reverse
takeover of the New Corpcapital cash shell, despite grim times in the platinum sector.
Intimidation wracks Impala’s Rustenburg mine
NUM claims widespread intimidation by a new, emergent union is the root cause of
a 20,000-person strong stay-away at Impala Platinum's key mine.
SA may import more power from neighbours
Eskom is considering importing more electricity from its neighbours as power in South Africa is expected to remain tight for at least the next two years.
PGM prices to falter in 2012, recover in 2013
Concerns about global growth are likely to soften platinum and palladium demand this year, although production shortfalls in SA are likely to support prices.
Vedanta’s Konkola settles on 17% pay hike
Konkola Copper Mines, the Zambia miner owned by Vedanta Resources Plc, has awarded its workers a 17% pay increase, says a union official.
Anglo seeks Codelco talks as pressure piles up
Anglo American has urged Chile's Codelco to seek a negotiated deal to settle the
dispute over Anglo American Sur, labelling a criminal probe into the matter as
"completely inappropriate'.
Zimplats workers return to work
Workers at the Zimbabwean unit of platinum miner Impala Platinum have returned to work after going on strike last week over electricity bills.
Safety stoppages hit Lonmin Q1, confirms target
Lonmin has posted a rise in first quarter output, despite the impact of safety stoppages which it warned could hit both sales and costs if current trends persist.
DMR task team to review safety stoppages
Government, industry and organised labour have established a task team that will
review how safety stoppages ‒ known as Section 54s ‒ are applied to the mining
industry.
Kolomela aids Kumba’s Q4 production
Kumba Iron Ore has reported a production increase of 4%, aided by the first contribution of the newly commissioned Kolomela mine.