Home Off The Wires

Off The Wires

Zambia’s largets union agrees 12% hike

0
A wage agreement with the Mineworkers Union of Zambia, the country's largest, would set the tone for other wage deals.

Chilean survivor story nears climax

0
Chilean rescuers has reinforced an escape shaft to hoist 33 miners to freedom two months after they were trapped deep underground in a cave-in, as a stunning survival story that gripped the world nears its climax.

Commission to review gold mining tax

0
A commission would review a dispensation offered to the country's gold industry that allows it to pay less tax when margins decline.

Kinross preparing $1.6bn Tasiast expansion

0
North American gold counter Kinross Gold has retained BNP Paribas to help it raise $1.6bn for the expansion of its Tasiast gold mine in Mauritania.

SA police to block abandoned gold shafts

0
South African police are to block the entrance to abandoned shafts at Durban Deep mine west of Johannesburg in an effort to halt illegal mining

RBPlat Sep Q output down 5%

0
Royal Bafokeng Platinum reported a 5% fall in September quarter platinum group metal production owing to a planned maintenance shutdown.

Ivory Coast opposition focuses on mining

0
Ivory Coast opposition candidate Henri Konan Bedie has promised to diversify the cocoa-dependent economy into commodities such as oil and gold as he rallied thousands of supporters just days before a presidential vote.

PGMS miners facing R24bn finance challenge

0
Platinum miners may have to tap the market for R24bn in finance by the end of next year unless prices for the metal improved.

Zwane advisor in business with Guptas

0
The extent of business links between critical departments in South African president Jacob Zuma's administration and the Gupta family deepened.

Committee urges development steel pricing

0
SA's parliament heard from the trade and industry committee that a failure to implement developmental pricing on steel would hold back industrial development.