Mining unions give differing responses to Ramaphosa victory
SOUTH African mining unions gave differing responses to the election of Cyril Ramaphosa to the top chair in the African National Congress (ANC), according...
Shaft Sinkers CEO, CFO quit firm
Alon Davidof, CEO of Shaft Sinkers, has left the company with immediate effect after it failed to repay £2.9m to Standard Bank.
Zwane no-show sets him up for formal state capture inquiry
SOUTH African mines minister, Mosebenzi Zwane, failed for a fourth time to appear before a portfolio committee meeting in Parliament today laying the ground...
Mick Davis speculated to be Rio Tinto’s preferred new chairman
MICK Davis, the former CEO of Xstrata and more recently appointed head of Britain's Conservative Party, could be heading to Rio Tinto, according to...
Keaton sells Leeuw Mining for R24.7m
Keaton Energy said it would sell Leeuw Mining to Bayete Energy Resources for R24.7m which will be settled through a royalty agreement.
NUM tables opening wage demand of 37% for gold miners
SOUTH Africa's National Union of Mineworkers (NUM) has submitted its first gold industry wage demand calling for a 37% hike over two years, said...
CoM applauds Gordhan’s restraint on tax
The Chamber of Mines of South Africa applauded the 2016 National Budget presented by newly appointed finance minister, Pravin Gordhan.
Lucara diamond named ‘Lesedi La Rona’
Lucara Diamond Corporation said it had named the 1,111 carat diamond recently discovered at its Karowe mine in Botswana Lesedi La Rona.
Zimbabwe diamond miners plan to sue Govt.
Zimbabwe Diamond Mining Company planned to sue the government for breach of contract after it banned gem mining in the east of the country.
EFF throws weight behind Eskom in Exxaro BEE row
THE Economic Freedom Fighters (EFF) has thrown its political weight behind Eskom saying that coal supplier, Exxaro Resources, should be black-controlled before supplying coal...