AMCU forms strike fund, resolve ‘unwavering’
The Association of Mineworkers & Construction Union said members had shown 'unwavering strength' to improve wages and would benefit from a strike fund.
Eskom to cut maintenance as winter beckons
South Africa energy minister, Ben Martins, said the power utility, Eskom, would cut maintenance in order to avoid load-shedding during winter.
Palladium hits high as tensions mount
Palladium has increased 13% this year as the threat of Russian sanctions and continued strikes in South Africa's platinum group metal market hit home.
Nickel propelled by Indonesia, Russia ills
Export restrictions in Indonesia and political sanctions against Russia have heightened fears about the availability of nickel.
Anglo seeking Venezuelan concession redress
Anglo American is suing the Venezuelan government for the cancellation of mining concessions in 2012.
Glencore to sell Las Bambas for $5.85bn
The Swiss headquartered mining group said a consortium indirectly controlled by China Minmetals Non-Ferrous Company had successfully bid for the Peru project.
SA to re-establish top ferrochrome spot
South Africa would regain top spot as the world's largest ferrochrome producer in about five years, a position it recently yielded to China.
SA needs to spend $1bn for potable water
South Africa needs to spend as much as $1bn in order to make toxic mine water potable, said the country's Department of Water Affairs.
SA platinum output down a third in Feb
South African platinum output fell about a third in February, the most in two years owing to the strike called by AMCU.
De Beers spooked by leaked diamond data
De Beers said it would launch an investigation into how confidential information about customers and diamond pricing was leaked into the open market.