Off The Wires

Gold ETF redemptions at an end:WGC

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The World Gold Council said redemptions of exchange traded funds would not be repeated on the scale seen in 2013.

AMCU, platinum firms to meet on Feb. 26

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The Association of Mineworkers & Construction Union is set to meet with platinum producers again on February 26, said the CCMA.

Mugabe ‘youthful as boy of nine’

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Robert Mugabe spoke of his good health in a speech to followers at his 90th birthday celebrations on February 23.

Zim to auction Marange diamonds

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Zimbabwe would set up a diamond auction system similar to the Antwerp diamond bourse in an effort to generate greater profits from its natural resources.

Zambia suspends KCM operations

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Hoisting at Zambia's Konkola Copper Mines has been suspended following an accident on February 21 in which seven miners were injured.

Gold Fields gold reserves down 11%

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Gold Fields cut its gold reserves 11% owing to the decline in the gold price which now sees the firm planning at $1,300/oz from $1,500/oz a year earlier.

Northam Pt’s Lewis slates SA Govt.

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Northam Platinum CEO, Glyn Lewis, blamed the South African government for unfair demands on the mining sector - a situation that would result in job losses.

Wesizwe Pt may sell stake in Maseve

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Wesizwe Platinum was considering selling its stake in the Maseve platinum project after deciding last year not to follow its rights in the venture.

VMR’s Dippenaar says firm survived

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Ferdi Dippenaar, CEO of Village Main Reef, said during the release of the firm's interim results that the company had survived a restructuring process.

AMCU rejects platinum firms’ ultimatum

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The Association of Mineworkers & Construction Union said he would continue to strike ignoring a plea from the industry that failing to end the strike would result in job losses.