Rand recovery punishes SA's aging, costly gold mines

2017-08-17 17:32

A big rebound in the rand has turned SA’s biggest gold producer from churning cash a year ago to making losses and shutting mines.

‘Zama Zama’s make our lives a living hell’

2017-08-17 09:37

Matholeville residents are concerned that illegal mining in their area will collapse their houses

INFOGRAPHIC: The face of Lonmin 5 years after Marikana

2017-08-16 19:43

Lonmin is not the same company it was five years ago, before the Marikana massacre took place. Fin24 highlights what has changed.

The spectre of Marikana still looms large

2017-08-16 05:00

Five years after the bloody Marikana massacre, calls for justice for not just the victims' families but for mining communities generally will only grow louder, says Terry Bell.

'I know he's dead' - Mom's impassioned plea for Richard Thole's bones

Nombeko Thole, the mother of Richard Thole, says all she wants is for her son’s bones to be returned to her.

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NPA must prosecute 2012 Marikana deaths, Amnesty says

2017-08-15 08:51

Amnesty International has urged authorities to move forward with prosecutions over the killing by police of 34 people in a single day at Lonmin’s Marikana platinum operations five years ago.

Loss-making mines can’t drive development – Lonmin CEO

2017-08-13 21:30

While there is still a long road ahead for South Africa's mines to tackle transformation, loss-making mines can’t drive the necessary development, says Lonmin CEO Ben Magara.

Disused Secunda gold mines become zama zama hot spot

2017-08-13 06:03

Illegal mining continues apace and stakeholders should consider solutions to prevent the negative impacts of this desperate activity.

How Lonmin plans to ensure sustainability

2017-08-11 20:49

Lonmin has announced that it is taking further action to ensure a sustainable business in what it calls a continuing adverse macroeconomic environment.

Zwane used Charter to score political points - Mathunjwa

2017-08-11 15:11

Minister of Mineral Resources Mosebenzi Zwane’s mining charter was just an effort to score political points, says AMCU president Joseph Mathunjwa.


Exxaro triples dividends on the back of sturdy coal sales

2017-08-17 11:19

Mining company Exxaro says it tripled its interim dividends from 90c to R3 for the six months to end-June, despite South Africa's challenging mining environment.

Harmony pays higher dividend as profits climb

2017-08-17 08:39

Harmony Gold has posted a 35% increase in headline earnings per share of R2.98 and has declared a 35c dividend for its year ended June 30, which was a 70% increase on the prior year.

Lonmin: Five years after Marikana

2017-08-16 07:00

Lonmin is not the same company it was five years ago, before the Marikana massacre took place.

Illegal mining should be made legal - zama-zama miners

2017-08-15 19:28

Zama-zama miners from all over the country have marched on the Department of Mineral Resources demanding an immediate moratorium of the persecution of illegal miners and the decriminalisation of their trade.

We deserve to work, we are not criminals -  Zama zama chair

On Tuesday 'zama zamas' marched to the Department of Mineral Resources in Pretoria to hand over a memorandum of demands. Watch.

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Hopes dashed as Lily mine deal fails at last minute

2017-08-14 12:34

The last minute failure of a proposed acquisition of the Lily and Barbrook mines has put the whole community once again in uncertainty, says a union.

New, 'onerous' green laws could ease mines' burden

2017-08-13 17:10

Increasing onerous environmental legislation should be embraced as it could reduce miners’ financial provision over time, a law firm has advised.

‘Our heroes changed our lives’

2017-08-13 06:00

While the quality of life of Marikana mine workers has improved, looming job cuts could leave many thousands destitute.

Lonmin CEO: Marikana a catalyst for positive change

2017-08-11 16:14

The tragedy at Marikana five years ago was a catalyst for positive change across all sectors in the South African economy, says Lonmin CEO Ben Magara.

Diamonds shine amid mining sales, output drop

2017-08-10 18:03

Platinum has been the biggest culprit responsible for the drop in mining production in June which fell by 0.8% compared to the same period last year.

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