Ghana asks AngloGold to keep cuts ‘reasonable’
AngloGold Ashanti has been asked by the Ghanaian government to keep a cost reduction programme at the Obuasi gold mine "reasonable".
Rio Tinto cuts $2bn from cash costs
Rio Tinto cut cash costs by more than $2bn even though it posted record iron ore and thermal coal fourth quarter production figures.
Continental to undergo solvency review
Continental Coal has appointed Deloitte in Perth to conduct a solvency review as it attempts to find a way out of its liquidity problems.
SA mine output rises in November
Mining production rose 5.1% year on year in November after an upwardly revised 23% (22%) year-on-year increase in October.
Cutifani to have routine hip operation
Mark Cutifani, CEO of Anglo American, is to undergo a routine hip operation at the end of the month.
Rand slumps to five-year low on strike fears
The South African rand slumped to a five-year low on fears of renewed strike action in the country's platinum sector.
Implats plays down Zimbabwe threat
Impala Platinum said there had been no deadline set by the Zimbabwean government in respect of a platinum refinery in the country.
Zim royalties destined for sovereign fund
Mining royalties paid to the Zimbabwean government would be pumped into its proposed sovereign wealth fund, according to a bill published this week.
AMCU to test members’ appetite for strike
AMCU will meet with members this week to see if they want to stick with demands for a doubling in entry-level wages for platinum mine employees.
AMCU members vote to strike at Implats
AMCU said its members had voted in favour of strike action over wages at Impala Platinum, but did not give details.