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NUM, Northam deal may set AMCU tactics

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The outcome of a wage dispute between the NUM and Northam would be influential in the tactics adopted by AMCU in its wage disputes, an analyst said.

Tawana in MoU for Liberia port use

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Tawana Resources said it had signed a non-binding MOU with Chinese company WISCO CAD Mining Company for use of port facilities in Liberia.

Optimum strikes coal deal with Eskom

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Optimum Coal Mine reached an interim agreement with Eskom to continue supplying its Hendrina power station whilst the mine was in business rescue.

Barloworld says Caterpillar to grow in Africa

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Sales of Caterpillar were expected to grow in Africa owing to infrastructure related projects, says Barloworld which distributes the yellow machinery.

Norilsk seals $337m exit from Africa

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Russia's Norilsk has concluded a strategy of exiting from its African business after agreeing to sell nickel assets for $337m to Botswana's BCL.

Glencore to sell silver for $900m payment

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Glencore made further progress on its debt reduction strategy after selling a share in its future silver output from its Antamina mine in Peru.

Gold strike unlikely after platinum stand-off

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Last year's platinum industry strike was a lesson well learned by South Africa's mining sector, said deputy mines minister, Godfrey Oliphant.

De Beers spooked by leaked diamond data

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De Beers said it would launch an investigation into how confidential information about customers and diamond pricing was leaked into the open market.

Aureus Mining pours first gold from mine

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Aureus Mining poured its first gold mine from its New Liberty project in north-western Liberia.

SA platinum output to fall 600,000 oz in 2016

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South African platinum production would fall by 16% in 2016 and 2017 as capital investment in the sector declined, said the World Platinum Investment Council.