Off The Wires

Wage strike crippling Northam output

0
SOUTH African platinum producer Northam Platinum has lost an estimated 12 000 ounces due to the ongoing strike at its Zondereinde mine in Limpopo.

NUM, BHP coal wage talks collapse

0
Wage negotiations between BHP Billiton's South African coal division and the National Union of Mineworkers (NUM) have reached a stalemate and the union has declared a dispute.

Destroyed brigde to hurt Palabora exports

0
Mining company Palabora Mining, which operates South Africa's largest copper mine, on Tuesday said the destruction of a bridge in the Limpopo province would hamper its exports and have an impact on sales revenue.

CRG baffled by share price rise

0
Gold exploration and mining company Central Rand Gold said it was not aware of any reason for the significant movement of its share price on Tuesday.

Gold inches towards record

0
Spot gold edged higher on Monday to near its record, and market sentiment stayed buoyant on speculation of more quantitative easing in the US as investors worry about the economic recovery.

Bauba Platinum lists on JSE

0
Bauba Platinum - formerly Absolute Holdings - commenced trading on the JSE's Main Board on Friday.

Assmang mulls conversion of two furnaces

0
Assmang Limited is evaluating the conversion of a further two open furnaces at its Machadodorp Works, which would increase the production of ferromanganese.

Strike action hits Northam Platinum

0
Mine workers at Northam Platinum's Zondereinde mine, near Thabazimbi in the Limpopo province, have embarked on a wage strike since Sunday 5 September.

SA mining seeks new BEE blueprint

0
SA’s mining industry aims to formulate an industrial policy framework that would house transformation in the sector, says the SA Mining Development Association chair.

Chinese fund looking to counter BHP’s Potash offer

0
The head of a major Canadian pension fund says a Chinese sovereign wealth fund is interested in making a joint-bid with a Canadian pension fund for fertilizer-maker Potash Corp. of Saskatchewan.