Coking coal market to remain ‘muted’
The coking coal market would remain challenging owing to muted demand and oversupply from competitors, BHP Billiton said.
China to invest $2.1bn in Zimbabwe coal
Joint venture company China Africa Sunlight Energy wants to build a 2,100MW power plant in Zimbabwe fuelled by coal mines it also intends to develop.
Gold One in covenant breach with Investec
Gold One International was under pressure after it booked a R684m write-down on Rand Uranium and said it was in breach of debt covenants with Investec Bank.
Wellesley-Wood to chair Mwana Africa
Former DRDGold CEO, Mark Wellesley-Wood, returns to the African mining scene as non-executive chairman of Mwana Africa.
SA gold firms beef up security as strike looms
South African gold mining companies have been increasing security ahead of a strike by the National Union of Mineworkers from the night shift on September 3.
Solidarity to take on Lonmin on rights
Solidarity said Lonmin threatened to invalidate the framework agreement by removing the union's organisational rights.
AngloGold says toxic leak affects river
AngloGold Ashanti said a toxic leak from its Mine Waste Solutions affected up to 1.6km of a tributary of the Vaal River.
Miners split over lock-out option
Sibanye Gold, Harmony Gold and AngloGold Ashanti favoured locking out workers while Gold Fields, Rand Uranium and Village Main Reef did not.
NUM to strike from September 3: CoM
The National Union of Mineworkers is to launch a gold industry strike from the nightshift of September 3, said the Chamber of Mines.
Amplats scales back scope of restructure
Amplats would fire 3,300 workers at its Rustenburg mines which is less than a quarter of those that would be fired in the firm's original restructuring plan.