Off The Wires

Sibanye may buy platinum mines

0
Sibanye Gold was considering buying platinum mines once the strike in the sector had been concluded.

Platinum cartel proposal unfeasible

0
Plans for a platinum cartel have been dismissed as unworkable as it would break international trade regulations and negatively affect employment in the sector.

Magara, Mathunjwa go head-to-head

0
Ben Magara, CEO of Lonmin and Joseph Mathunjwa, president of AMCU, exchanged views in front of hundreds of union supporters.

Zambia miners rail against power hike

0
Zambia's Chamber of Mines said a 29% increase in the price of power was a "double whammy" for copper producers who have seen the metal's price fall 9.8% this year.

African Minerals’ Timis confident on deal

0
Frank Timis, chairman of African Minerals, said a deal with China's Tewoo would be completed despite "outstanding commercial terms".

Guinea miners lock-down amid Ebola outbreak

0
Mining companies operating in Guinea have closed their operations and recalled expatriates as some 127 cases of infection by the Ebola virus have been reported.

Adviser asks investors to oppose Rio pay

0
An adviser to shareholders of Rio Tinto has asked that the group's executive pay policy should be opposed at its annual general meeting this month.

Glasenberg, Cutifani question private equity

0
Mark Cutifani, CEO of Anglo American and his counterpart at GlencoreXstrata, Ivan Glasenberg say private equity will struggle to last the course in the mining sector.

Impala may buy metal to supply customers

0
Impala Platinum said it may buy platinum in order to continue supplying customers as its own inventories run dry.

Duvha incident won’t lead to loadshedding

0
The over pressurisation of a boiler at Eskom's 3,600MW Duvha power station was unlikely to lead to renewed load shedding, the power utility said.