Holland says firms not growing in right way
Gold Fields CEO, Nick Holland, said companies operating in Africa had to grow in the right way so as not to deceive governments of their returns.
Zambia held ‘fruitful’ talks with Gemfields
Zambia's mines minister said fruitful discussions had taken place with Gemfields on allowing emeralds to be auctioned offshore.
Zuma warns mining sector about disruption
South African president Jacob Zuma said the government would not tolerate any disruption to the mining sector owing to its importance to the economy.
Ivanhoe to plough $61m into Platreef
Ivanhoe Mines would use $61m of some $412m received from China's Zijin Mining Group for the development of the Platreef project in South Africa.
Fitch switches SA outlook to ‘negative’
Ratings agency, Fitch, changed its outlook for South Africa to negative from stable partly owing to the protracted strike in the platinum sector.
Gold Fields offers US dollar bond to repay debt
The proceeds from Gold Field's debut US dollar bond will be used to repay certain indebtedness and for general corporate purposes, the company said.
RBPlat loses 154 hours amid Eskom curtailments
Royal Bafokeng Platinum said it lost 154 hours in crusher activity owing to 11 installments of Eskom-drive load-shedding, but output was unaffected, so far.
IMF cuts SA growth rate cut to 0.7%
The International Monetary Fund has cut South Africa’s economic growth outlook for this year from 1.3% to 0.7% - the lowest forecast on record so far.
AMCU serves notice to strike at Lonmin
The threat of strike action was raised at Lonmin after majority union the Association of Mineworkers & Construction Union declared a wage dispute.
Sibanye miners agree to end illegal sit-in
Some 1,200 employees at one of Sibanye Gold's Driefontein shafts have agreed to return to surface after embarking on an illegal sit-in on September 1.