Ghana Q3 gold output down 18%
Third quarter gold production in Ghana fell 18% as producers cut output in an effort to control costs.
NUM urges firms to shut for Madiba funeral
Frans Baleni, secretary-general of the National Union of Mineworkers has asked mining firms to shut operations in Sunday for the funeral of Nelson Mandela.
Spike in Mandela gold coin sales
Sales of Nelson Mandela medallions were reported to have increased strongly in the past week.
Gold Fields slips out of JSE’s Top 40
Gold Fields has been taken out of the Top 40 index which suggests the stock could come under pressure.
Kumba ‘delighted’ with Concourt ruling
Kumba Iron Ore said it was "delighted" with a Constitutional Court ruling that it was the only company that could apply for residual iron ore mining rights.
Anjin to fire 25% of staff as prices fall
Anjin Investments, the Chinese company that mines diamonds in Zimbabwe's Marange fields, is to fire 25% of its 845-strong workforce owing to falling prices.
Mining production up a fifth in October
Mining production grew 22% in October in South Africa owing to higher output of gold and iron ore.
Concourt to rule on mining right appeals
The Constitutional Court will today hand down judgement regarding appeals by the DMR and ICT over prospecting rights at Sishen Iron Ore Company.
AMCU cleared to strike at Lonmin
The Association of Mineworkers & Construction Union has been given clearance to strike at Lonmin following failure to resolve a deadlock in wage discussions.
ARM says lower health spend ‘timing issue’
African Rainbow Minerals said it had spent less on health and HIV-AIDS owing to timing issues in the company's accounts and because facilities had already been expensed.