Home News Page 886

News

Platinum firms, AMCU weigh 16% wage offer

0
Platinum companies and the Association of Mineworkers & Construction Union hope to break the 19-week strike with a 16% basic pay increase, sources say.

Eskom may sell shares in generation fleet

0
Eskom is considering opportunities to sell stakes or establish joint ventures in its generation fleet as a means of becoming more sustainable.

Gold Fields to shut 70% of South Deep

0
Gold Fields suffered more production troubles at its South Deep gold mining project saying a safety review would lead to a four month shut-down of most of the mine.

Sibanye to ship first uranium from Cooke

0
Sibanye Gold shipped its first uranium by-product from its Cooke operations on the West Rand, and said the production would lower overall costs and lift profits.

SA govt moves to end strike as recession looms

0
Impelled by the prospect of a recession, the South African government has appointed a 'technical team' to break the platinum strike entering its 19th week.

Exploration fee adds to burden of Zim miners

0
Proposals for another administrative fee - this time for an exploration company - is placing increased burden on mining companies in Zimbabwe.

Exploration fee set to compress Zim miners

0
Miners in Zimbabwe face another fee - this time for exploration - in another example of how the sector is heavily taxed by the cash-strapped government.

Hopes grow for platinum wage resolution

0
Wage talks between platinum producers and the Association of Mineworkers & Construction Union convened by the Labour Court appear to have momentum.

Gold industry’s high rollers embrace thrift

0
True to their word, the world's gold producers have replaced thrift with expansion which raises the question as to where the next greenfield projects will come from.

Shanduka ties knot with Nhleko’s Pembani

0
The combination of the two companies creates a company worth R13.5bn with sub-Saharan ambitions and allows Cyril Ramaphosa to bring the curtain down on 13 years in business.