Forbes reshuffle reflects shareholder concerns
Forbes Coal lessened the influence of its own executives on its Board and increased
that of shareholder, Resource Capital Fund.
Promising signs of normality
The theory in the mining industry is that halfway through the second month of a no-
work, no-pay regime, the economic reality of illegal industrial action begins to bite.
Chrometco hopes to transform fortunes
Can Chrometco change its fortunes by moving into platinum group metals, an
industry in flux? A proposed deal with Nkwe Platinum might do it.
Lonmin, Holgoun deal is in bad faith
Lonmin and Holgoun Group have brought the curtain down on another prospecting
rights affair that makes South Africa’s mining sector appear replete with cynicism,
opportunism and bad faith.
Gold wage offer to test NUM’s potency
The National Union of Mineworkers will be desperate to regain some lost credibility
when it presents the Chamber of Mines’ new wage offer to striking workers in the
gold sector.
Gold regains its allure
On the evidence of renewed enthusiasm for gold-backed exchange-traded products,
the fortunes of the yellow metal appear to be improving again.
NUM at the mercy of mining bosses
The National Union of Mineworkers is desperately seeking for concessions from
employers to recover some of its lost prestige among workers.
CoAL may become latest Chinese takeover
In perhaps a vision of SA’s mining future, the investment by Beijing Haohua in Coal
of Africa proves Chinese capital is proving resiliant.
Last chance saloon for “Rustenburg Four’
Amplats has embarked on a process that will either break the strike contagion or
embolden the forces behind it to attempt further disruption. But there’s still time.
Gold Fields helpless as labour crisis deepens
Gold Fields is left twisting in the wind as a fight for control among formal and
informal labour representatives plays itself out on its mines.