Sibanye profit falls after share issue

2014-07-31 09:44

Gold producer Sibanye Gold says its first-half earnings have fallen by more than 50%, reflecting the impact of a share issue this year.

Zinc and Zambia weigh on Vedanta's earnings

2014-07-30 14:00

Lower zinc production and a decline in Zambian copper output have weighed on Vedanta Resources' core quarterly earnings.

Rio Tinto sells Mozambique coal assets

2014-07-30 10:15

Global miner Rio Tinto has agreed to sell its coal assets in Mozambique to a joint venture of Indian companies for $50m.

Petra dives as big investor dumps stake

2014-07-29 14:14

Petra Diamonds says its second-largest shareholder sold more than two-thirds of its stake in the diamond miner through a discounted stock placement.

Gem Diamonds shines on Lesotho mine

2014-07-29 11:36

Gem Diamonds has posted an 80% jump in first-half revenue from its flagship Letseng diamond mine in Lesotho, driven by higher prices.

Petra Diamonds production jumps

2014-07-28 09:24

Petra Diamonds says full-year output is up 17%, driven by higher production at its Finsch mine in South Africa.

RBPlats mine blast injures two workers

2014-07-25 15:45

Two Royal Bafokeng Platinum employees have been injured in an explosion at its Styldrift excavation project in North West.

Lonmin mulls Amplats mine buy-out

2014-07-25 13:30

Lonmin is considering buying out the rest of its joint venture in the Pandora mine, one of the operations Anglo American Platinum has put up for sale.

BHP, Anglo seek to sell joint assets

2014-07-24 09:14

BHP Billiton and Anglo American are looking to sell their jointly owned manganese assets portfolio, according to a report.

Lonmin appoints Beamish as new chair

2014-07-22 16:53

Brian Beamish has been appointed Lonmin chairperson, following the retirement of Roger Phillimore, the platinum company says.

Illegal miner killed in Mpumalanga by rival group

2014-07-21 21:14

An illegal miner has been shot dead in Mpumalanga allegedly by a rival group of illegal miners.

Amplats mines 'not in fire sale'

2014-07-21 14:27

If Anglo American Platinum does not get the right price for the mines it wants to sell, it would consider listing them as a separate company, says its CEO.

NUM opposes Amplats mines sale

2014-07-21 10:55

The National Union of Mineworkers says plans by Anglo American Platinum to sell some of its mines will result in job losses, which is punishment for poor workers.

SA union war follows old pattern on new turf

2014-07-20 13:51

When a wildcat strike hit Impala Platinum's Marula mine in Limpopo, union leaders there had no idea it was coming.

Molewa: Mining minister to issue licences

2014-07-18 06:00

The minister of mineral resources will in future issue mining-related environmental impact assessment and waste licence authorisations, says Environment Minister Edna Molewa.

Platinum pain dominates Anglo results

2014-07-17 11:59

Anglo American, smarting from a five-month strike, has reported a sharp drop in quarterly platinum output which overshadowed higher copper and iron ore production.

London Mining boosts iron ore output

2014-07-17 10:15

London Mining has raised quarterly production at its iron ore mine in Sierra Leone after upgrading a processing plant.

Ramatlhodi not concerned about Amplats rumours

2014-07-16 06:15

Mineral Resources Minister Ngoako Ramatlhodi does not see any "serious repercussions" if Anglo American Platinum sells some of its assets.

Mine derecognises Amcu

2014-07-15 13:30

The Association of Mineworkers and Construction Union has lost its recognition status at Samancor Western Chrome mines outside Mooinooi in North West.

Ashanti appoints new CFO

2014-07-07 16:49

Africa's top gold producer AngloGold Ashanti has appointed former Sasol executive, Christine Ramon, as its new CFO.

Mining 'sticky issues' must be resolved - Oliphant

2014-07-06 13:31

Unions and employers must iron out "sticky issues" and end the metals and engineering sector strike, Labour Minister Mildred Oliphant's spokesperson says.

Mpumalanga mine rockfall kills miner

2014-07-06 08:01

A miner has been killed during a rock fall at Exxaro's Arnot coal mine in Mpumalanga, the National Union of Mineworkers says.

Mining sector tax falls dismally short - EFF

2014-07-03 09:32

Sars is failing to collect maximum revenue from the private sector and BEE players in the mining industry are involved in transfer pricing, claims the EFF.

Amplats says reviewing Rustenburg assets

2014-06-30 10:29

Anglo American Platinum, which has been hit hard by a crippling five-month strike that ended last week, says it is reviewing options for its Rustenburg operations.


Lonmin responsible for Marikana deaths - Mpofu

2014-07-30 14:08

Lonmin should be held responsible for people killed at its Marikana mining operations in August 2012, advocate Dali Mpofu has told the Farlam Commission of Inquiry.

Gina Rinehart: High costs hurt Australia

2014-07-30 12:31

Australia's richest person, mining magnate Gina Rinehart says her country needs to lower its costs if it wants to stop miners from moving to other countries.

Miner dies at Doornkop

2014-07-29 16:13

Harmony says an employee has died in an accident at its Doornkop mine after the area in which he was working collapsed.

China firm flees after illegally mining gold

2014-07-29 12:03

A Chinese firm suspected of illegally mining gold along the Mekong River in Laos has fled the country.

NIMBY: US sends dirty coal abroad

2014-07-28 19:01

Coal from Appalachia rumbles into this port city, 150 railway cars at a time, bound for the belly of the massive cargo ship Prime Lily.

Anglo American's profit drops

2014-07-25 16:00

Anglo American's underlying operating profit has fallen in the six months to June, according to interim results.

Strike weighs on Lonmin production

2014-07-25 15:00

Lonmin's third quarter production has been severely affected by a five-month strike, the platinum mines' unaudited production results show.

Another North West miner shot dead

2014-07-24 12:04

North West police say a miner has been shot dead outside a bottle store in Kroondal, near Rustenburg, but they are not linking it to another shooting earlier this week.

Amcu 'horrified' by Marikana murder

2014-07-23 14:55

Trade union Amcu has expressed shock at the murder of one of its senior officials in Marikana, after he was implicated in testimony by miner Mr X.

Plan to sell Amplats mines shocks union

2014-07-22 11:45

The Workers' Association Union has warned that plans by Amplats to sell off mines will have a devastating effect on workers in the wake of the five-month strike.

DRDGold CFO resigns after seven months

2014-07-21 19:00

DRDGold chief financial officer Francois van der Westhuizen has resigned, says the company.

Amplats mines on market after profit fall

2014-07-21 12:10

The dominant feature of the first half, was the strike during which 40% of Amplats production was not in operation, says CEO Chris Griffith

Amplats to sell strike-hit mines

2014-07-21 09:33

World No 1 platinum producer Anglo American Platinum plans to sell its Union mine, a widely expected move after it was hit by a five-month strike.

SA-owned mine collapses in Zim

2014-07-18 13:12

Zimplats' Bimha Mine has collapsed but quick reaction by the management team and timely evacuation of personnel has spared it from injury or damage.

Amplats' output drops by 40%

2014-07-17 15:10

The five-month-long strike in the platinum sector led to a 40% decrease in production at Anglo American Platinum in the second quarter, the company says.

Royal Bafokeng Platinum, NUM conclude deal

2014-07-17 10:58

Royal Bafokeng Platinum says it has concluded a five-year wage agreement with the National Union of Mineworkers.

Strike-hit Anglo ups iron ore, copper output

2014-07-17 09:25

Miner Anglo American, smarting from a 5-month strike at its platinum operations, reported higher iron ore and copper output for the first half of the year.

Ramatlhodi: State keen to drill for shale gas

2014-07-15 18:02

The state has a keen interest in drilling for shale gas itself, to help end historic injustices, says Mineral Resources Minister Ngoako Ramatlhodi.

Lower export prices hurt Kumba Iron Ore

2014-07-11 14:48

Kumba Iron Ore expects first-half headline earnings to decline by as much as 19% compared to a year ago, hurt by a fall in export prices.

Anglo to sell its 50% stake in Lafarge

2014-07-07 10:02

Global miner Anglo American will sell its 50% stake in Lafarge for a minimum value of £885m on a debt and cash free basis.

Guptas strong-arm Eskom to back illegal mine

2014-07-06 11:34

The politically connected Gupta family is allegedly putting pressure on Eskom chairperson Zola Tsotsi to approve a R500m Idwala Coal contract – despite management opposing the move.

Eight Honduran miners still missing

2014-07-03 22:32

Rescuers are labouring with pickaxes and shovels to dig out 11 miners trapped by a landslide at a small gold mine in southern Honduras.

More trouble brewing on platinum belt

2014-07-01 05:00

Thousands of workers at Lonmin shafts, who were employed by companies contracted to Lonmin, have not received papers to sign on for work, according to reports.

Marikana NGOs to get a boost

2014-06-30 07:32

NGOs in Marikana will receive support from the social development department in order to help them revitalise distressed mining communities, the department says.

Mining interest cloud over Ramatlhodi

2014-06-27 12:23

Mining Minister Ngoako Ramatlhodi has resigned from all mining interests, says his spokesperson following a report that he holds a R20m stake in a BEE partner of Amplats.

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