Off The Wires

Platinum firms submit pay offer

0
South African platinum producers submitted pay offers at a meeting with the Association of Mineworkers & Construction Union.

SA gold mines face second cost-cutting round

0
South African gold mines may face another round of cost-cutting and possible restructuring as the price of bullion would remain weak in 2014.

Caterpillar braces for 10% sales decline

0
Mining industry equipment supplier Caterpillar said sales to the sector would fall 10% in 2014 as conditions in the global mining economy remained difficult.

Senegal to chase mining investment

0
Senegal president Macky Sall said the west African country would chase down mining investmentn so its economy could grow at 7% a year.

Aurora executives in line for Blyvoor deal

0
Thulani Ngubane and Fazal Bhana are behind Goldrich which wants to resuscitate Blyooruitzicht despite having failed with a similar job at Aurora Empowerment Systems.

SA Govt. working hard to end strike: Gordhan

0
Pravin Gordhan, South Africa's finance minister, said the government was trying to engineer a quick solution to the platinum strike.

Zim to seize unused mineral rights

0
Zimbabwe will seize mineral permits that have not been used for mining development in terms of Finance Bill the southern Africa country has written.

Implats welcomes Govt strike mediation

0
Impala Platinum said it was dealing with a first ever impasse in wage negotiations with the Association of Mineworkers & Construction Union.

There’s pressure on all sides: AMCU’s Gama

0
Association of Mineworkers & Construction Union treasurer, Jimmy Gama, acknowledged the platinum strike had created pressure for all sides that needed resolution.

Zambia withheld $500m in VAT repayment

0
The Zambian authorities has withheld up to $500m in value added tax repayments because miners have failed to comply with new import rules.