SRK joint founder, Oskar Steffen, passes away
OSKAR Steffen, one of three founders of SRK Consulting, has passed away, the South African consulting engineering firm said in an announcement today. Steffen...
Glencore appoints committee to tackle Dept. of Justice requests
GLENCORE said it had established a committee comprising its chairman, Tony Hayward, and two independent non-executive directors which would oversee the group's response to...
Scourge of suicide uncovered in India’s diamond cutting sector
AN investigation carried out by Thomson Reuters Foundation has uncovered "a pattern of suicides" in India's diamond cutting industry - a sector that cuts...
SA gold sector starts wage talks today barely making ends meet
A SIGNIFICANT increase in the wage bill was likely to push South Africa's gold sector further into the red, said BusinessLive citing comments from...
Mineworker killed in fall of ground at Harmony’s Kusasalethu
HARMONY Gold said a mineworker had died following a fall of ground at the group's Kusasalethu mine in Carletonville earlier today. "An investigatoni into...
Shanta Gold delivers on $7m in annualised cost savings
SHANTA Gold, a UK-listed gold junior operating in Tanzania, said it had delivered on targeted cost savings of just over $7m on an annualised...
Goldstone heartened by lift in Ghana investment approach
THE approval of AngloGold Ashanti's Obuasi project was a promising indication of the Ghanaian government's willingness to promote foreign mining investment, said Emma Priestley,...
Implats to unveil details of strategic review in September
IMPALA Platinum (Implats) will unveil details of a planned restructuring of its Rustenburg mine in September, said Bloomberg News in an article republished by...
Kibo deal with Sanderson ties off liabilities ahead of funding plan
KIBO Mining said it had removed all outstanding liabilities from the business and was in a stronger position to negotiate funding for its Mbeya...
Moody’s keeps Sibanye-Stillwater rating at stable owing to ‘solid business’
SIBANYE-Stillwater, the gold and platinum mining firm criticised by investors following a spate of fatalities at its West Rand mines, and its high debt...