Numsa drops wage demand to 10%
The National Union of Metalworkers of South Africa (NUMSA) reduced its wage demand to 10% from 12%.
MPs fall for beneficiation through quotas
Mining companies producing strategic minerals such as coal and iron ore should allocate at least a fifth of their output to local beneficiation, said MPs.
Kumba to post one quarter fall in earnings
Kumba Iron Ore said it expected to post a one-fifth decline in headline earnings to R6.2bn for its 2014 financial year owing to lower iron ore prices
Platinum output in May at record low
Platinum production fell 49% in May as a consequence of the strike in the sector, said Statistics SA.
Employers must dig a little deeper: Chirwa
NUMSA was on the verge of a settlement with employers if they "dig a bit deeper", said union president Andrew Chirwa.
Lonmin hands over land for housing
Lonmin handed over land to the North West government for construction of some 2,600 houses.
Numsa to consider new wage offer
National Union of Metalworkers of SA will decide today whether to accept a new offer from employers that could end a 10-day wage strike
Sibanye studying five platinum targets
Sibanye Gold is weighing up five potential platinum targets but would not pay full value for them.
Mining CEOs pay rise double JSE average
Mining sector chief executives pay themselves twice as much as other top executives on JSE companies, according to a report by PwC.
Panel to weigh SA oil and gas legislation
A ministerial panel is to weigh up proposed oil and gas legislation with a view to deciding whether it encourages foreign investment.