Village strike to test Motlanthe peace pact
Deputy president Kgalema Motlanthe's peace pact, signed earlier this month, would be tested by the underground sit in at Village's Consolidated Murchison.
AngloGold credit status cut to ‘junk’
AngloGold Ashanti's credit status was cut to junk by rating agency Standard & Poor's following announcements of production and project cuts.
BHP Billiton lifts Q4 iron ore to new record
BHP Billiton lifted iron ore production to 47.7 million tonnes in the fourth quarter, a new record on the back of expanding production in Australia.
Trans Hex smacked as deal delays mount
Shares in Trans Hex were under pressure as it announced continued delays to a deal in which it is to buy De Beers' stake in its Namaqualand Mines division.
NUM says 4% offer is “an insult”
The National Union of Mineworkers, which represents about 67% of the gold industry workers, decried a 4% wage offer as "an insult".
Rio Tinto raises Q2 iron ore output 7%
Rio Tinto raised iron ore production 7% in the June quarter to 51.8 million tonnes, narrowly beating analysts forecasts.
Eskom pay talks referred to CCMA
Wage talks between Eskom and employees has been referred for mediation at the Commission for Conciliation, Mediation and Arbitration after a deadlock was declared.
Gold firms to offer below inflation pay hikes
South Africa's gold mining companies were likely to offer below inflation wage increases when they table their response to last week's union demands.
Sable Pt facing cash flow crunch
Sable Platinum, a JSE-listed platinum exploration firm, said it was considering various options to raise money and would announce something in two months.
Kenya to form state-owned mining firm
Kenya is to establish a state-owned mining company that will hold stakes in mines as well as form a sovereign wealth fund.