SA miners ‘maliciously comply’: Oliphant
South African mining companies only 'maliciously comply' with the country's Employment Equity Act, said deputy mines minister, Godfrey Oliphant.
Lonmin may cut spending, mulls Pandora option
Lonmin CEO, Ben Magara, could not discount further capital spending cuts, but was reticent to say if the business was cash negative.
Friedland hits back at grave allegations
Robert Friedland, chairman of Ivanhoe Mines, hit back at claims his planned mine in the Limpopo province would disturb ancestral burial sites.
Write-downs mar Aquarius Pt record output
Write downs on the carrying value of Blue Ridge and Sheba's Ridge doubled the firm's net loss and offset the effects of record production.
PGM pessimism over-cooked, copper strong
Whilst there were problems in the platinum sector, there were reasons to be cheerful, analysts said, adding that the prospects for copper were also sound.
Northam in R450m swoop on Everest mine
Northam Platinum is to buy the mothballed Everest mine from Aquarius Platinum taking output 250,000 ounces a year higher.
Ramatlhodi grasps nettle on wealth gap
Ngoako Ramatlhodi, South Africa mines minister, unveiled a number of plans to narrow the wealth gap including special economic zones
Amplats sets about 20-year technology leap
Anglo American Platinum CEO, Chris Griffith, said urgent modernisation of the industry is required to arrest the effects of mining inflation.
“Nothing to support iron ore” in 2015: Kumba
Norman Mbazima, CEO of Kumba Iron Ore, was bleak on the prospects for the mineral in 2015 saying the price was unlikely to improve.
Randgold’s Bristow says time to buy is nigh
Mark Bristow, CEO of Randgold Resources, has made a habit out of M&A caution, but the gold industry is so indebted currently, that the time has come to buy.