MPs left with egg on their faces as ‘corrupt Lonmin’ motion slips through unopposed

2015-09-11 12:41

On the same day that President Jacob Zuma was holding high-level discussions with mine bosses and other roleplayers, Parliament adopted a motion that describes the controversial mining company Lonmin as “corrupt to the core”.

Ailing Lonmin brings down operational costs

2015-08-27 12:58

Battling from an ever decreasing share price, Lonmin says it has managed to stem the cost of mining the platinum group of metals.

1 000 jobs at risk as Glencore to shut mine

2015-08-18 13:50

Glencore will shut its Eland platinum mine in South Africa, risking about 1 000 jobs, says trade union Solidarity.

Marikana: A newshound’s account of the build-up to the massacre

2015-08-13 15:21

August 13. When South Africa woke up on this day three years ago, three people had already been brutally killed in Marikana over the previous two days. The deceased were two mine security officials and a mine worker.

Mining job cuts: A disaster waiting to happen

2015-08-02 17:00

Village chief Xolile Ndevu says his community will disintegrate if mining giants Lonmin and Anglo American go ahead with their planned 12 000 job cuts.

Jobs ‘bloodbath’ hits SA, mining companies cut costs

2015-07-28 17:30

In the past two months, at least seven listed mining companies announced plans to cut as many as 10 000 jobs in Africa’s most-industrialised economy.

SA economy dealt fresh blow by mining job cut

2015-07-24 20:35

There will be mine closures and shaft closures, otherwise companies could go down - especially in SA - because costs have been rising at a more rapid rate.

Militant unions to blame for Lonmin job cuts - Solidarity

2015-07-24 09:56

Militant trade unions and their violent protests were the reason Lonmin was planning to cut a further 4 500 jobs, says trade union Solidarity.

Amplats sees sharp earnings rise on strike recovery

2015-07-13 09:53

Anglo American Platinum says it expects its interim earnings to rise by almost 1 500% as it recovers from a five-month strike last year.

EFF: Ramaphosa will be prosecuted

2015-07-02 14:59

The EFF does not intend on letting Deputy President Cyril Ramaphosa off the hook when it comes to Marikana, insisting that it will institute charges against him.


Amplats sells Rustenburg mines to Sibanye for R4.5bn

2015-09-09 09:44

Anglo American Platinum has sold Rustenburg Platinum Mines to Sibanye Gold for R4.5bn.

Rhodes Must Fall Movement questions Judge Farlam's impartiality over Lonmin

The Rhodes Must Fall Movement at UCT is questioning Judge Ian Farlam's impartiality during the Marikana Commission of Inquiry. Watch to find out why.

10 comments982 Views

Marikana: Miners' families seek billions in compensation

2015-08-16 16:04

The lawyers of mine workers wounded and arrested during the Marikana massacre are claiming not only R1 billion in damages from the state, but also more millions from mining company Lonmin and Protea Coin Security.

Amcu to launch Marikana families campaign

2015-08-13 07:10

The Association of Mineworkers and Construction Union is expected to launch a fundraising campaign for the families of mineworkers killed at Marikana.

Lonmin: Victim of price falls, management wobbles

2015-07-30 20:30

Lonmin is facing its deepest crisis to date, hurt by a downturn in platinum prices and haunted by a mixture of bad luck and debatable management choices.

ANC asks mining firms to reconsider job cuts

2015-07-27 16:19

The ANC is asking mining companies who have announced retrenchments to reconsider going this route, saying it would be 'unpatriotic'.

NUM shocked by Lonmin cutting thousands of jobs

2015-07-24 15:53

The National Union of mineworkers has decried Lonmin's plan to cut 6 000 jobs as it readies to close several mine shafts in a bid to survive plunging prices.

Lonmin says 6 000 jobs at risk in proposed restructuring

2015-07-24 07:33

Lonmin says it was planning to close or mothball several mine shafts, putting 6 000 South African jobs at risk, because of depressed metal prices.

Lonmin falls to record low amid platinum drop

2015-07-10 20:30

Lonmin has dropped to the lowest level on record in London trading as platinum is set for the biggest weekly decline since October, with a UBS Group AG recommendation to sell.

EFF, ISS to dissect Farlam's Marikana report

2015-07-02 05:29

The EFF and the Institute for Security Studies are due to hold separate discussions about the Marikana report.

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