NUMSA plans national strike to change mining
The National Union of Metalworkers of South Africa is planning a one day national strike to press home changes to the mining sector including increased beneficiation.
Kumba must get act together: Cutifani
Kumba Iron Ore would have to improve its performance in order for majority shareholder, Anglo American, to achieve $14bn in net debt next year.
Caterpillar to cut 10,000 jobs by 2018
Machinery maker Caterpillar is to cut up to 10,000 jobs over the next four years following the collapse in the price of crude oil.
NUM will know Lonmin future on July 15
Lonmin will know whether it will face derecognition on Monday following a court decision to review its interdict until July 15.
Eskom to appoint permanent CEO mid-August
South Africa's government is to appoint a permanent CEO to its power utility, Eskom, by mid-August, said public enterprises minister, Lynne Brown.
Ebola to effect London Mining’s Marampa
The Ebola virus contagion would effect the operations of London Mining's Marampa iron ore mine in Sierra Leone in the second half of its financial year.
CRG resets takover agreement to June 12
Central Rand Gold said a takeover agreement from any one of four interested Chinese bidders had been given a new deadline of June 12.
Fund may bid for AngloGold’s Navachab
AngloGold Ashanti was discussing the sale of its Namibian mine, Navachab, with QKR Corporation, a private equity firm headed by former JPMorgan banker, Lloyd Pengilly.
Aquarius completes $27m Kruidfontein deal
Aquarius Platinum said it had completed the sale for $27m of its indirect interest in the Kruidfontein prospecting right to Pilansberg Platinum Mines.
Congo mining sector under kosh
The Democratic Republic of Congo's mining sector was under pressure owing to increased energy costs, low commodity prices and the risk of higher taxes.