Lonmin’s Magara hails ‘landmark’ BEE deal
Lonmin CEO, Ben Magara, said three empowerment deals taking the firm's BEE to 26% were a long time in the making.
Marikana bedlam not typical of SA: Shabangu
The violence and bedlam of the Marikana massacre was not typical of South Africa's mining industry, mines minister Susan Shabangu told Australia's Down Under conference.
BHP considering demerger of non-core assets
Having struggled to sell its Nickel West assets, BHP Billiton has stated its preferred option of a demerger.
Funding for R220m ERPM sale finalised
DRDGold would double its cash balance once it had sold mineral rights in ERPM, a transaction that had now received funding.
Wescoal to produce 350Kt in Q4
Holdings said it was on course to produce 330,000 tonnes of coal during the final quarter which would take full-year output to 4 million tonnes annualised.
Kenmare to cut up to 20% of Moma staff
Recent cost cutting efforts were insufficient to head off lower mineral prices said Kenmare Resources which is to cut staff at its Moma facility by up to 20%.
BHP must raise $10bn to protect rating
BHP Billiton must raise up to $10bn through a sale of its shares to investors in order to preserve its credit rating.
DRC’s Gecamines may consider listing
The Democratic Republic of Congo's state-owned base metals company, Gecamines, may consider listing, a government official has said.
Zimbabwe miners in deadlock on wages
Zimbabwe's main mining industry union and mining companies have deadlocked over wages with the matter likely to go to arbitration in January.
NUM urges firms to shut for Madiba funeral
Frans Baleni, secretary-general of the National Union of Mineworkers has asked mining firms to shut operations in Sunday for the funeral of Nelson Mandela.