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.
How to trade the super resources
Overall, it has been a one-way bet for retail investors over the last few months, but
the recent rebound in resource shares has got the traders interested.
Pen replaces panga in SA mining crisis
Did you notice the boldness of Gold Fields’ Nick Holland in dismissing wage demands
at his firm’s KDC West mine? He knows the tide has turned towards sensible
negotiation.
Perspective needed in SA platinum crisis
The social pressures informing protests at South Africa’s platinum mines are
worrying and need addressing, but the doom and foreboding for the sector seems a
tad overdone.
Peace accord shatters NUM’s credibility
The National Union of Mineworkers has lost all the credibility it had among Lonmin’s
workforce when it committed to the company’s peace proposals. And rival Amcu
knows this.
Lonmin peace more unlikely than ever
The warring parties at Lonmin are no closer to any sort of peace agreement as 2,000
workers warn management to close all mines or run the risk of being killed.
How will Amplats play its optimisation study?
A large portion of the 500,000 oz platinum surplus could have been removed from the market amid labour unrest, but is this enough to change or delay the eagerly anticipated Amplats restructure?
Marikana, Mangaung and SA’s mining industry
If the government exacerbates the problems facing SA’s mining industry by
adopting ill-considered regulatory interventions, we are likely to see more
Marikana conflicts.