Market-beating SA fund gains 110% on gold revival

2016-08-22 16:50

Old Mutual's Meryl Pick’s Gold Fund has gained 110% this year, beating the average 2.6% across South African investments tracked by Bloomberg.

Weak rand, firm gold price boost Harmony profits

2016-02-04 07:59

Harmony Gold has posted an 84% increase in production profit to R1.29bn quarter on quarter, mainly due to a 7% rise in the gold price received.

Fatality at Harmony's Phakisa mine

2013-10-07 10:25

Harmony Gold advises that an employee has been fatally injured in a fall of ground at its Phakisa mine near Welkom.

Motlanthe upbeat on mine rescue talks

2013-06-14 13:20

Deputy President Kgalema Motlanthe says the government, mining houses and trade unions will leave no stone unturned in their bid to resolve problem issues.

Miner dies at Harmony Gold

2013-05-16 13:37

Operations have come to a halt at a section of Harmony Gold's Kusasalethu mine after a rail accident left one miner dead, the company says.

Harmony earnings dive on mine closure

2013-05-03 07:57

Gold producer Harmony Gold slumped to a loss in third-quarter earnings after the temporary closure of one of its mines ate into its quarterly production.

Harmony to reopen Kusasalethu mine

2013-02-14 12:41

Harmony Gold's Kusasalethu mine‚ which has been closed since December, will re-open following the successful conclusion of an agreement with unions.

Harmony earnings weather strike storm

2013-02-04 08:04

Harmony Gold says its second-quarter earnings were higher, despite a 9% fall in output after violence at its Kusasalethu mine forced it to halt the operation.

Amcu, miners seek interdict

2013-01-23 07:59

The High Court in Johannesburg is scheduled to hear an urgent application to grant miners access to Harmony Gold's Kusasalethu mine hostel.

Harmony, labour work to end crisis

2013-01-20 11:09

A resolution to safeguard the livelihood of 6 200 workers and the future of a potentially lucrative mine seems likely following talks between Harmony Gold and unions.


Harmony to halt mining at Kusasalethu in 5 years

2016-08-17 15:28

Harmony Gold Mining says it will effectively stop mining Kusasalethu in five years, reducing the life of its third-largest mine by about 19 years.

Battle lines drawn as mineworker lawsuit begins

2015-10-12 19:14

In what has been dubbed a David versus Goliath class action lawsuit, mineworkers who contracted a terminal illness while working underground, have begun their court battle against 32 mining giants.

Peaceful strikes at Harmony mine

2013-09-04 16:12

Harmony Gold's management has commended workers for maintaining peace during their strike.

Mining sector rescue talks commence

2013-06-14 11:15

Mining houses and trade union top officials have arrived for a meeting with Deputy President Kgalema Motlanthe in a bid to resolve problems facing the sector.

Miners fear impact of union wage hikes

2013-05-03 11:30

Mine unions may obtain double-digit pay increases this year that companies can ill afford, Harmony Gold said as it posted losses caused by labour unrest.

Output down 15% at Harmony Gold

2013-04-08 17:30

Harmony Gold Mining says that gold production for the quarter ended March 2013 will be approximately 15% lower than the previous quarter.

Striking Harmony workers set to return

2013-02-04 14:24

Workers at Harmony Gold's Kusasalethu mine, which closed since late last year due to labour violence, could start returning to work next week, the CEO says.

Harmony workers plan to protest

2013-01-24 07:56

Workers at Harmony Gold's Kusasalethu mine aim to protest against retrenchments and a lock-out from hostels.

SA to miss 5 million jobs target

2013-01-22 10:09

SA will likely not create 5 million jobs by 2020, given labour strife and strained relations between the state and private firms, says a deputy minister.

Nationalise Amplats mines - Amcu

2013-01-17 13:03

The government should nationalise Anglo Platinum if it continues with the proposed retrenchment of 14 000 workers to see if it will work on a small scale, union Amcu says.

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