Impala likely to pass on dividend
Impala Platinum is likely to give up its final dividend restricting shareholders to a modest full-year payout as impairments hit home while wage negotiations loom.
Trying times for ‘hunkering down’ VMR
Prior to his resignation, Bernard Swanepoel, CEO of Village Main Reef, said the next year would be one of survival for the company.
DA declare war on ‘flawed, poisonous’ MPRDA
The Democratic Alliance is to fight tooth and nail to prevent passing of amendments to the MPRDA which they dub "the job killing bill".
Labour more left-leaning as Marikana looms
The discussion in South Africa has become increasingly left-leaning with alternatives to the Tripartite Alliance an indication that little has been solved since the Marikana massacre.
Northam steers course through headwinds
Assisted by a weaker rand Northam Platinum produced an improvement in full-year share earnings, but uncertainties persist that may continue to worry investors.
Harmony confirms Golpu to be repositioned
The Wafi-Golpu project would be smaller and expandable as Harmony Gold joined in the austerity push currently being undertaken by the world's gold mining industry.
Lonmin seals recognition pact with AMCU
Lonmin has signed a recognition agreement with AMCU which confirms its status as the dominant union in South Africa's troubled platinum sector.
Sibanye declares turnaround strategy intact
Sibanye Gold has targeted 1.35 million ounces in annual gold production and says it is starting to see a turnaround in mines previously earmarked for harvesting.
CoM to pop wage dispute with profit share
The Chamber of Mines has now lifted its basic pay offer 1.5% to 5.5% for gold industry members to which it has added a profit share mechanism.
RBPlat weighs cut in R11.4bn Styldrift capital
Royal Bafokeng Platinum said it may not build its own concentrator which could see it reduce the capital demands on the R11.4bn Styldrift project.