Home Off The Wires

Off The Wires

BHP considering demerger of non-core assets

0
Having struggled to sell its Nickel West assets, BHP Billiton has stated its preferred option of a demerger.

Mathunjwa desired bargaining council seat

0
Joseph Mathunjwa, president of AMCU, asked for a place on the bargaining council at Lonmin's Marikana mine in return for getting workers "off the koppie".

Kumba in business review as prices tumble

0
Kumba Iron Ore is reviewing its business after prices for iron ore fell to levels lower than it expected.

Buy in from workers crucial: Solidarity

0
Union Solidarity lauded last week's meeting of industry, government and unions on mine peace but said the success of any initiative ultimately lay with workers.

Zambia ‘open’ to Mopani job cuts

0
Edgar Lungu, Zambia's president, could accept job cuts at Glencore's local unit, Mopani Copper Mines, provided a balance was struck.

SA loss-making deepens as platinum slides

0
Up to two-thirds of the platinum sector could be loss-making if platinum tests six year price lows, analysts said.

BHP name change not intended as riposte to Elliott Group

0
BHP Billiton has unveiled plans to rebrand itself by dropping the Billiton from its name, a shift that highlights the mining group's Australian roots. The...

Citigroup to cut coal financing projects

0
Citigroup is to cut back on financing coal mining projects - a move reflective of the bank's commitment to managing environmental and social risks.

Alcoa to divide in shareholder value drive

0
Alcoa is to break up into two in an effort to unfetter its faster growing plane and car business from its traditional aluminum smelting operations.

Strike at AngloGold’s Mali mines delayed

0
A strike at the Mali mines of AngloGold Ashanti over improved lay-off terms has been delayed while workers look towards more negotiations.