SA gold industry headed for prolonged wage talks
South Africa's gold industry is headed for prolonged wage negotiations after all four unions rejected employer offers.
Tanzania convicts former ministers over gold audit
Tanzania recorded the most high profile convictions yet in its anti-graft drive when the country's court sentenced two former minister to three years in jail.
Glencore rejects NUM claims as “baseless”
Glencore termed claims by the NUM that it had failed to execute its social and labour responsibilities at Optimum Coal Mine as "baseless".
Zesco to cut supply to mines up to 30%
Zambia's state-owned power company could cut power supplies to mining firms by up to 30% owing to low levels of water at hydroelectric facilities.
Grexit may give gold much needed boost
The prospect of Grexit, the exit of Greece from the Eurozone, could reignite gold's self-haven properties, two Australian gold producers said.
Pan African defends Uitkomst bid
Cobus Loots, CEO of Pan African Resources, said the purchase of the Uitkomst coal mine would give the company a competitive edge over gold producing rivals.
White Rivers signs gas exploration deal
White Rivers Exploration, a privately-owned company, has signed an agreement aimed at developing gas at Helibron and Kroonstad in South Africa's Free State.
UASA says gold producers made good offer
UASA said South African gold producers tabled "a good opening offer" in wage negotiations last week, but the deal's five-year term was too long.
Unions stick to gold sector wage demand
Unions negotiating with South Africa's gold producers on a proposed five-year wage deal "retained their demands without any movement".
Anglo to cut up to 20% of staff, says report
Anglo American could cut up to 20% of its staff at offices throughout its regions globally, according to unnamed sources.