Amcu, Amplats agree on wage deal

2016-10-28 08:38

Anglo American Platinum has signed a three-year wage agreement with union Amcu which makes provision for an annual increase of R1 000 or 7% per month in basic pay.

Amcu to unveil pay demands, R12 500 still on cards

2016-10-24 19:18

The Association of Mining and Construction Workers Union will make public a “comprehensive and final” set of pay and conditions demands for the platinum sector.

NUM calls dispute at Amplats over pay ‘insult’

2016-09-20 19:20

The National Union of Mineworkers has declared a wage dispute after an offer from Amplats which it deemed an “insult.”

Anglo’s sale of nickel mine stalls - sources

2016-08-12 18:52

Anglo American’s attempt to sell a nickel mine in Brazil has stalled because bids from potential suitors are too low, according to people familiar with the situation.

Amplats sees profit drop of up to 70%

2016-07-12 09:50

Anglo American Platinum says its first-half profit probably fell by 50% to 70% after inventory gains weren’t repeated and the dollar price of commodities declined.

Amplats expects 85% fewer job losses

2016-06-01 15:30

Anglo American Platinum has reduced the number of job cuts tied to restructuring at two South African operations by 85%.

No wage increase for Anglo Platinum workers in Zim

2016-05-20 19:14

Anglo Platinum has not offered its employees in Zimbabwe a pay hike this year despite the mining chamber and mine workers unions agreeing to a 1.5% wage increase.

Implats CEO to step down in December

2016-05-18 18:40

Impala Platinum boss Terence Goodlace will step down in December this year after six years at the helm, the company announced, without immediately naming a successor.

Sibanye maintains production forecast, lifts output

2016-04-25 11:06

Sibanye Gold has maintained its full-year forecasts after output rose and costs declined in the first quarter when compared with the same period in 2015.

Amplats agrees to $36m sale of Australian coal mine

2015-12-24 16:30

Anglo American has agreed to sell its Dartbrook coal mine in Australia for about $36m as the company sheds assets as part of a drastic downsizing.


Amplats offers to raise workers' basic pay 7%

2016-10-27 16:30

Anglo American Platinum has offered to raise workers’ basic pay by 7% in a deal yet to be ratified by South Africa’s largest union for the industry.

Northam buys mining right from Amplats for R1bn

2016-10-11 09:28

Northam Platinum has agreed to buy a mining right from Anglo American Platinum for R1bn, enabling it to extend the life of the world’s deepest platinum mine beyond 30 years.

PIC wants vote on major Anglo sale plan in SA

2016-09-02 07:04

The PIC will meet Anglo American to discuss whether its plan to sell more than half of its mines including local coal and iron-ore assets is the best option for South Africa.

Amplats sees limited platinum-supply growth as profits dive

2016-07-25 10:30

Anglo American Platinum says growth in supplies of the metal will be limited this year as capital spending is constrained amid low prices.

Amplats sees profit falling on platinum drop, tax adjustment

2016-06-21 11:44

Anglo American Platinum has said first-half profit will probably be at least 20% lower after a tax gain boosted earnings in the previous year.

Amplats bid to buy peace around prized mine may backfire

2016-05-27 06:55

Anglo American Platinum's bid to appease a community near its most profitable South African mine may unravel, highlighting the challenges of managing social unrest.

Zim mining execs in cat and mouse game with govt

2016-05-20 16:48

Zimbabwe mining bosses and state officials deliberate over fiscal, industry, and macro issues inside the Elephant Hills Resort in Victoria Falls while birds chirp and chirrup outside, helicopters hover above and some warthogs roam the sprawling lawn in front of the hotel.

Amcu looking for 'living wage' from mine bosses

2016-05-16 16:01

Amcu is on course to begin meetings to decide on pay demands for platinum companies with the existing two-year wage deal expiring soon.

Amplats sees R12bn loss on write-offs

2016-01-25 10:09

Anglo American Platinum will report a bigger-than-expected loss after reporting impairments and write-offs amounting to R14bn.

Anglo American delays big platinum moves

2015-10-22 11:30

Anglo American has postponed all major project capital decisions for platinum until 2017, the mining group has said in its third quarter production report.

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