AngloGold issues strike ultimatum
AngloGold Ashanti has finally issued its striking workforce an ultimatum to return to
work, close to a month after all its SA operations were brought to a standstill.
Eskom submits 16%, 5-year tariff increase
Eskom seeks hefty increases in electricity tariffs in order to pay for a doubling in
electricity capacity but which stops at its R92bn, 4,800MW Kusile power station.
Dark days on the horizon for SA mining
A research report by financial services firm JPMorgan Cazenove predicts sporadic
strikes in South Africa’s mining industry may carry on for up to a year.
Anglo to discuss Carroll’s future – report
The Board of Anglo American will this week discuss demands to replace chief
executive Cynhia Carroll, reports Sky News.
Gold Fields confirms KDC West strike over
A month-long strike at Gold Fields KDC West mine was confirmed over by Gold Fields
in the early hours of this morning.
Harmony says wage proposal is gaining traction
Harmony Gold CEO Graham Briggs says a proposal originally rejected by unions to
improve wages an average 1.5% by changing job grades was gaining acceptance at
the company’s operating mines.
Amplats holds off on further dismissals
Anglo American Platinum says it is holding off on dismissing striking workers at its
Union and Amandelbult mines.
AEMFC readies for second mine as losses mount
South Africa’s state-owned miner, African Exploration Mining and Finance
Corporation, says it has met all its operational targets of 2012.
Randgold’s Bristow warns DRC on code changes
The Democratic Republic of Congo risks damaging returns from its fledgling mining
industry - as does the rest of Africa - if regulatory uncertainty becomes the norm.
Blyvoor, Beatrix back in business
Striking employees at Village Main Reef’s marginal Blyvooruitzicht mine have
returned to work following their acceptance of a wage hike proposal.