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...
Rio Tinto to retain diamond business
Anglo-Australian mining group, Rio Tinto, said it would retain its diamond business after failing to find a buyer.
Jubilee postpones Platinum Australia merger
The proposed merger has been held up by a liquidation order by JIC Mining against PhokaThaba, a subsidiary company of Platinum Australia.
Ramaphosa tried to defuse Marikana tension
Cyril Ramaphosa said he attempted to defuse escalating tensions at Lonmin's operations before violence broke out at the platinum firm's Marikana operations.
Grindrod to press on with terminal
Grindrod in joint venture with RBT in RBTGrindrod Terminals would press on with a 4.5 million tonnes/year coal terminal expansion despite the low price of coal.
Ghana gold revenue down 17.4% in 2014
Ghana said revenue from gold mining fell 17.4% to $3.8bn in 2014 owing to lower prices and a fall in production.
SA’s blue gem may fetch up to $55m
An auction of two coloured diamonds in Geneva this week may fetch record prices as interest in so-called 'fancy' gems grows.
Harmony pays down R1.1bn in debt
Harmony Gold has repaid R1.1bn in debt consisting of $50m of its $250m revolving credit facility and R400m on its R1.3bn rand facility, it said.
Gold heading for better days as output peaks
Global gold production peaked in the third quarter of 2015 and was unlikely to summit those levels again for years to come.
AMCU entitled to strike, says Motlanthe
The Associated Mineworkers & Construction Union was entitled to strike at mines where it was the majority union, said South African deputy president Kgalema Motlanthe.