Amplats drops to 10-year low, metal prices dip

2015-06-30 15:52

Anglo American Platinum has plunged to the lowest in 10 years amid a deepening slump in commodity prices.

Marikana sees little change three years on

2015-06-26 20:00

Almost three years after police shot 34 striking miners dead outside platinum producer Lonmin's Marikana mine, little has changed in the town.

NUM, Parly committee welcome Aurora judgment

2015-06-25 18:56

NUM as well as the Portfolio Committee on Mineral Resources have welcomed the judgement that directors of Aurora and their business associates must pay up.

Assore buys ARM's stake in chrome mine

2015-06-25 10:51

Iron ore producer Assore has bought out African Rainbow Minerals' 50% stake in the country's Dwarsrivier chrome mine.

Aurora directors found guilty

2015-06-25 10:05

The directors of Aurora Empowerment Systems, including Khulubuse Zuma and Zondwa Mandela, have been found guilty of stripping the assets of Pamodzi Gold's mines.

Eskom tariff hike endangers 20 000 jobs - expert

2015-06-23 21:15

The increase Eskom is asking for will put about 20 000 job opportunities at ferrochrome refineries at risk, warns an expert.

Job cuts on cards in mine shake-up, says Amplats

2015-06-23 10:21

Anglo American Platinum says it aims to reconfigure a number of its mines to make them more profitable, a move which could lead to up to 420 job losses.

NUM decries ‘apartheid’ wage system

2015-06-22 17:00

The newly elected head of the National Union of Mineworkers says that his members were still being paid "apartheid" wages, signalling a hard line ahead of gold sector wage talks.

Gold Fields may be safe from US action over BEE deal

2015-06-22 11:12

The US Securities Exchange Commission has recommended not taking action against Gold Fields over a 2010 black economic empowerment deal.

Zim accuses miners of tax evasion

2015-06-18 21:15

Mining companies in Zimbabwe have denied government accusations that they are evading tax because they are funding programmes through debt financing.


Gold companies offer unions up to 13% increase

2015-06-29 18:29

The gold sector has tabled its wage offer to mining unions, saying the offer is based on economic and social sustainability.

Rio exits Zim as plans to merge gem firms take shape

2015-06-26 17:01

Resources firm Rio Tinto has exited Zimbabwe following controversial government plans to merge all diamond mining companies into a state-owned corporation.

Zuma lawyer could get sued over Aurora

2015-06-25 11:17

The guilty verdict against Aurora could pave the way for civil charges to be brought against Michael Hulley, President Jacob Zuma’s legal adviser, says Solidarity.

Exxaro cuts capex as low prices hurt

2015-06-25 10:46

Diversified miner Exxaro says its capital expenditure for the first half of 2015 is now expected to be R3.1bn, down 11% in the face of depressed prices.

Mining can't afford Eskom tariff hike, says chamber

2015-06-24 07:52

The South African Chamber of Mines says it cannot accept that electricity tariff hikes are the most appropriate way for Eskom to deal with its funding shortfall.

Safest year for SA mine industry - minister

2015-06-23 17:11

South Africa's mines minister has hailed 2014 as the "safest year" in the history of an industry that has claimed a huge toll over the past century.

Unions, gold sector 'far apart' in negotiations

2015-06-22 21:03

Wage talks between SA bullion producers and unions have started, with both sides far apart, setting the stage for protracted wrangling in the ailing industry.

Chamber of Mines asks for ruling on black ownership

2015-06-22 12:27

The Chamber of Mines says it has asked the High Court to rule whether companies can claim to have met black-ownership rules even after shareholders have sold their stake in assets.

Electricity slams brakes on DR Congo mining

2015-06-21 12:15

A shortage of electricity in the Democratic Republic of Congo is preventing the mining sector from growing.

Gold sector faces upheaval on social pact

2015-06-18 13:05

The Association of Mining and Construction Union has dismissed the gold sector "social pact" proposals, saying workers entering wage talks just want money.

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