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Gold Fields eyes AngloGold Ashanti’s Iduapriem mine

GOLD Fields may buy AngloGold Ashanti's Iduapriem mine in Ghana, according to a report by Bloomberg News which cited the views of Alfred Baku,...

NUM to reject sale of ‘miners’ bank’ to Gupta company

THE National Union of Mineworkers (NUM) said it would oppose an offer to sell its 50% stake in Ubank to Oakbay Investments, a company...

Aurora’s Zuma, Mandela fail to head off R1.7bn damages

AN appeal by the directors of Aurora Empowerment Systems against a judgement they should pay damages and salaries to some 5,300 miners once employed...

“Grave allegations” leave no compromise in Sable bribery claim

UK-listed iron ore exploration and development company, Sable Mining, is at the centre of an bribery investigation that links it to illegal payments in...

BHP, Vale hit by $43bn suit for Samarco disaster

SHARES in BHP Billiton headed for their steepest fall since 2008 after Brazilian prosecutors filed a civil suit against the Melbourne-headquartered company worth $43bn,...

Tegeta said it paid Barloworld for overdue Optimum Coal bill

TEGETA Exploration, a subsidiary of the Gupta family's Oakbay Investments, said it expected industrial group Barloworld to withdraw a court application for the liquidation...

AMCU to serve strike notice at Sibanye Gold

THE Association of Mineworkers & Construction Union (AMCU) is to serve notice of its intention to strike from Wednesday at the facilities of Sibanye...

Trans Hex cuts 125 jobs at Baken, Bloeddrif

Trans Hex said it would retrench 125 employees at its Baken and Bloeddrif mines in the Lower Orange River of the Northern Cape province.

Labour Appeal Court rejects AMCU gold strike bid

SOUTH Africa's Labour Appeal Court has dismissed an application by the Association of Mineworkers and Construction Union (AMCU) to appeal an interdict preventing a...

Zuma defends Mining Charter as an action that cannot cause harm

SOUTH African president, Jacob Zuma, lauded the redraft of the country's Mining Charter saying it was necessary to "ignite" the economy and bring change...