SA’s Gordhan calls for end to mine feud
South African finance minister, Pravin Gordhan, said unions and mine management had to show "spectacular leadership" in order to end the recent spate of disputes.
BHP ignores calls to shut operations
BHP Billiton would not close down production as its rivals, including Glencore, had done because its assets were high-margin.
Rockwell posts 9-month loss as costs rise
An increase in production costs, related to the lower occurrence of diamonds, hit the Toronto firm's nine month figures with losses more than doubling.
Euromoney to transform Mining Indaba
Euromoney Institutional Investment said it would transform the Mining Indaba conference which it bought earlier this week for $78m.
Unions playing game of “who blinks first”
Rivals AMCU and NUM may seek the strategic advantage of submitting their wage demands to gold and coal employers last, said a Johannesburg lawyer.
Sable chairman says Nimba will get money
Sable Mining would be able to find the money required to build its Nimba iron ore mine in Guinea, said newly appointed chairman, Jim Cochrane.
AngloGold bondholders take up offer
Holders of nearly two-thirds of the most expensive bond on AngloGold Ashanti’s books took up its offer to sell out early, easing the company’s debt burden.
Zuma to rescue Lesotho peace deal
South African president Jacob Zuma will attempt to recuse the peace deal he brokered in Lesotho.
Jewellery demand keeps gold steady in Q1
Demand for gold jewellery helped offset liquidations in investment products in the first quarter of 2014, said the World Gold Council.
Gold edges above $1,300/oz
The price of gold moved above $1,300/oz following disappointing US economic data and the sense that the metal was oversold.