ARTICLES RELATING TO MINING

Strike to cause steep earnings drop - Amplats

2015-01-23 12:06

Anglo American Platinum expects full-year headline earnings to fall between 40% and 55% because of the platinum strike that ended last year.

Minister favours split in energy and mining law

2015-01-21 13:39

Mineral Resources Minister Ngoako Ramatlhodi says he would prefer that South Africa's laws on oil and gas exploration be split from mining legislation.

Zimbabwe gold mines could collapse - chamber

2015-01-21 10:00

Zimbabwe's gold mining firms are making losses due to weak bullion prices and could collapse, warns the Chamber of Mines.

Mining output slips

2015-01-20 12:16

Mining production decreased by 0.4% year-on-year in November 2014, Stats SA said in a statement after releasing its mining results for production and sales.

Fatal accident at Harmony Gold mine

2015-01-19 12:19

Harmony Gold says an employee was fatally injured in a rail-bound equipment related accident at the Masimong mine near Welkom.

Mine strikes inconvenient but useful - minister

2015-01-19 06:00

Mining sector strikes, although a huge inconvenience, have been a useful way to see where problems lie, says Minister of Mineral Resources Ngoako Ramatlhodi.

Acacia Mining seeks gold assets in W Africa

2015-01-16 17:00

Acacia Mining is looking to buy gold mines and exploration projects in Senegal, Mali and Ghana to expand in West Africa, says chief executive Brad Gordon.

Amcu-NUM rivalry may be behind Northam strike

2015-01-16 14:29

The underlying cause of the wildcat strike by NUM members at the Northam Zondereinde mine in Limpopo may be inter-union rivalry.

NUM to hold mass meeting on Northam strike

2015-01-16 14:12

The National Union of Mineworkers will hold a mass meeting with its members who are on a wildcat strike at Northam Platinum.

Strike violence not our style, says NUM

2015-01-16 14:12

NUM says it does not condone property damage, intimidation, assault and threats of violence, incidents of which have been reported by strike-hit Northam Platinum.

Northam Platinum strike to continue - NUM

2015-01-15 17:40

A wildcat strike will continue at Northam Platinum after workers decided at a mass meeting to stay away.

Power cuts will affect mine output, warns body

2015-01-14 18:00

An industry group has told Energy Minister Tina Joemat-Pettersson that further power constraints would lead to reduced mine output and plant closures.

Unprotected strike continues at Northam Platinum

2015-01-14 16:39

Northham Platinum workers have complained about management's execution of policy, as the unprotected strike continues at the Zondereinde mine in Limpopo.

SA miners must dig deep for profit

2015-01-07 21:15

Mining companies seem to be cutting back on exploration in an attempt to reduce costs, but this could affect sustainability, warns an expert.

Promising future for Zim mining

2015-01-06 19:56

Mining executives are increasingly enthusiastic about expanding mining operations in Zimbabwe because of the uncomplicated labour environment.

Namibia's mining performance slacks

2014-12-19 09:33

Namibia's mining sector has performed weaker during the third quarter of 2014, as production of diamonds, uranium and zinc concentrate decreased.

First gold poured at Namibian mine

2014-12-16 10:27

The first gold ingot has been poured at Namibia's second gold mine, which is still in the construction phase, ahead of schedule.

Hochschild Mining cuts executive pay

2014-12-10 12:15

Hochschild Mining says chairperson Eduardo Hochschild will become non-executive chairperson and will also further slash executive pay.

Anglo to axe 60 000 jobs by 2017

2014-12-09 19:19
78 comments

Anglo American's chief executive, Mark Cutifani, says the company aims to cut more than 60 000 jobs by 2017 as part of a wider re-organisation.

Illegal strike forces Avocet to halt operations

2014-12-08 10:50

Gold miner Avocet Mining says it has halted operations at its Inata gold mine in Burkina Faso due to an illegal strike.

Marikana hopes peace brings good business

2014-12-03 09:05

Five months after a lengthy strike, Marikana's informal traders hope peace and stability will give their business a much-needed boost ahead of the festive season.

Housing spend focuses on mine trouble spots

2014-12-02 12:00

The state has focused its informal settlement spending on troubled North West mining towns including Marikana, says Human Settlements Minister Lindiwe Sisulu.

Lonmin completes BEE credits

2014-11-26 15:46

Platinum producer Lonmin has completed three deals to make up its remaining 8% black economic empowerment credits, it says.

Iron ore price drop creates a steal - Exxaro

2014-11-24 16:45

Even though pessimistic analysts feel that iron ore may have further to fall because of the current over-supply in the market, Exxaro is a strong buy, says Craig Martin.

 

DRDGold expects output rise

2015-01-22 08:48

Gold producer DRDGold says it expects an increase of 6% in production for the six months ended December 31, compared to the previous six months.

Man dies in KZN mine

2015-01-21 10:29

A man died at a mine near Utrecht in KwaZulu-Natal, Emergency Medical Services says.

Mining bill referral could open up review

2015-01-20 22:00

Legislation affecting the mining industry which has been referred back to the national assembly may open up a review of “open-ended” elements of ministerial discretion.

Metal price drop threatens Zimbabwe growth

2015-01-19 21:00

As miners complain about 'exorbitant' mining fees, softer commodity prices will also put a damper on Zimbabwe's growth prospects, says Zimplats CEO Alex Mhembere.

Striking NUM to meet Northam Platinum

2015-01-19 09:34

The National Union of Mineworkers will meet with Northam Platinum in a bid to end a wildcat strike at the company's Zondereinde mine.

Gold Fields costs could be better than expected

2015-01-16 17:30

Gold Fields has provided an update on production and cost for the quarter and the year ended December 2014.

Amcu-NUM rivalry may be behind Northam strike

2015-01-16 14:27

The underlying cause of the wildcat strike by NUM members at the Northam Zondereinde mine in Limpopo may be inter-union rivalry.

Northam Platinum strike to continue - NUM

2015-01-16 14:12

A wildcat strike will continue at Northam Platinum after workers decided at a mass meeting to stay away.

Strike violence not our style, says NUM

2015-01-16 11:51

NUM says it does not condone property damage, intimidation, assault and threats of violence, incidents of which have been reported by strike-hit Northam Platinum.

NUM to hold mass meeting on Northam strike

2015-01-15 10:17

The National Union of Mineworkers will hold a mass meeting with its members who are on a wildcat strike at Northam Platinum.

Fatality at Harmony mine

2015-01-14 17:46

A Harmony Gold employee has died in an accident at its Kusasalethu mine near Carletonville.

Australia to export uranium to India - Rio Tinto

2015-01-12 14:36

Rio Tinto expects to start exporting Australian uranium to India as soon as safeguards are in place to restrict its use to power generation.

Glencore exec pays $70m for London pad

2015-01-08 14:15

The head of copper mining and trading at Glencore has paid millions for an apartment in London’s upscale Belgravia district.

Contrarian pick for 2015 - mining shares, especially platinums

2015-01-07 08:27

Is there opportunity in the gloom in South Africa’s mining industry? Perhaps, says Peter Major in his interview on Alec Hogg's Power Lunch.

Zambia not budging on mining royalty hike

2014-12-30 13:35

Zambia's mines minister says the country will hike royalty rates on open pit and underground mining, despite fears of shaft closures and up to 12 000 job losses.

Amplats gets R4.5bn offer for Bokoni stake

2014-12-17 15:41

Anglo American Platinum, the world's top platinum miner, has received a R4.5bn offer for its 49% stake in the Bokoni mine, says the source.

First Quantum shuts Australia nickel plant

2014-12-15 09:45

Canada's First Quantum Minerals has shut its Ravensthorpe nickel plant in Australia following an acid spill, which is under investigation.

Bleak Christmas for Aurora workers

2014-12-09 21:05

Aurora workers face another bleak Christmas because they are trapped in real poverty without food, electricity or water, says Cosatu in the North West.

Lonmin to plan for partial rebuild

2014-12-08 13:48

Lonmin says its plan to rebuild part of a furnace nine months earlier than scheduled will not impact overall sales or unit cost guidance for the new financial year.

Sibanye, Northam vying for Anglo's Union mine

2014-12-04 14:18

Precious metals mining firms Sibanye Gold and Northam Platinum are among a group of suitors interested in Anglo American Platinum's Union mine.

Amplats expects earnings to drop

2014-12-01 09:27

Anglo American Platinum expects full-year earnings to fall by at least 20% due to a record five-month strike that hit its South African operation.

Gemfields unearths rare ruby in Mozambique

2014-11-26 12:20

British miner Gemfields has found a 40.23-carat rough ruby in Mozambique, and termed it as "one of the most important rubies unearthed in recent times".

Hulamin buys BHP's SA aluminium casthouse

2014-11-24 15:02

Aluminium-products maker Hulamin is part of a group which has signed a deal to buy a casthouse from BHP Billiton, sending its shares higher.

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