Off The Wires

Gold producers hoard cash for strike

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South Africa's gold producers were preserving cash and raising access to more so they can sit out a prolonged strike by organised labour.

Barclays headhunts investment bankers

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Barclays Capital has head-hunted investment bankers from its rivals UBS and Liberum Capital to head its global mining and metals team.

Marikana bedlam not typical of SA: Shabangu

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The violence and bedlam of the Marikana massacre was not typical of South Africa's mining industry, mines minister Susan Shabangu told Australia's Down Under conference.

Blackthorn’s Perkoa due to ship first ore

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First zinc ore from the Perkoa project, owned by Australia's Blackthorn Resources in joint venture with Glencore, was due to leave the port in Cote d'ivoire by year-end.

Holland says firms not growing in right way

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Gold Fields CEO, Nick Holland, said companies operating in Africa had to grow in the right way so as not to deceive governments of their returns.

Africa should resist tax temptation: Boshoff

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Africa's governments should resist the temptation to raise the tax bill on companies operating in the continent, says Paladin Energy MD, John Boshoff.

Manganese growth will recover: Kaboku

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The long term outlook for manganese remained solid owing to China and India demand, said Tokkas van Heerden, CEO of Kaboku Mining.

Zim CoM will engage with Mugabe regime

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Zimbabwe's Chamber of Mines would engage with the country's government in an effort to achieve growth.

Solidarity to accept single digit pay rise

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Solidarity said it would accept a single digit pay rise in gold wage negotiations, according to its general-secretary, Gideon du Plessis.

AMCU becoming more peaceful: experts

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The Association of Mineworkers & Construction Union was becoming a more stable, peaceful union now it had established a presence in the mining industry.