NUM issues seven day ultimatum
The National Union of Mineworkers has issued a seven-day ultimatum to gold mining firms to meet its 60% plus wage demands for face strike action.
DRDGold looks to combine with Sibanye
DRDGold said it made sense for the company to combine its gold retreatment business with those planned by Sibanye Gold.
Miners ‘flirting’ with AMCU: Nzimande
Blade Nzimande, leader of the South African Communist Party, has accused mining companies of trying to fragment Cosatu by aligning with rival union groups.
Blyvoor workers fear Aurora repeat
About 1,700 workers at Blyvooruitzicht, a mine near Carletonville, fear they will not be paid in a repeat of the events at Aurora Empowerment Systems' Grootvlei mine.
Exxaro says low coal prices to affect profit
Low coal prices led to a 39% decline in first half profits for Exxaro Resources which is also closing its New Clydesdale colliery.
Strike looms for SA gold sector
The NUM and UASA issued a certificate of non-resolution taking the unions closer to strike action following arbitration over annual wage increases.
African Barrick names CEO after Hawkins quits
African Barrick Gold named Bradley A Gordon as its new CEO following the resignation of Greg Hawkins.
Glasenberg applauds new CEO ‘mantra’
Ivan Glasenberg, CEO of Glencore Xstrata, praised CEOs for showing restraint in capital allocation - a development he said was a new mantra.
BHP Billiton profit declines 30%
Full year profit for BHP Billiton fell 30% to $10.9bn with the Melbourne-based company citing lower prices.
Glasenberg watchful of capital plans
Glencore Xstrata posted a 39% decline in first half net income and said it was scrutinising its capital plans.