Harmony mineworker killed in accident

2015-08-04 14:41

A worker has been killed in a rail-bound accident at the Kusasalethu mine near Carletonville, gold mining company Harmony says.

Royal Bafokeng swings to loss on softer prices

2015-08-04 10:30

Royal Bafokeng Platinum has swung into a first-half loss as it battled low metal prices, a softer currency and reduced output.

Amcu snubs higher wage offer

2015-08-03 09:54

Union Amcu has rejected a pay offer made by operators including AngloGold Ashanti, stopping short of calling a strike.

Gold sector: ‘No deal unless all unions agree’

2015-08-02 16:50

South Africa’s major mining companies are putting on a show of unity – vowing not to agree to a wage deal unless all four unions in the sector agree simultaneously.

Anglo boss calls for end to hostile labour relations

2015-07-31 20:30

Adversarial labour relations between labour, business and government are an impediment to a more efficient mining industry, says Anglo American CEO Mark Cutifani.

Union Resources among bidders for Amplats mine

2015-07-30 17:43

A group of SA investors known as Union Resources has made a bid for Anglo American Platinum's Union mine, its chairperson says.

SA gold producers table 'final' offer to unions

2015-07-30 16:25

South African gold producers have offered wage hikes of up to 17%, a slight increase to restive unions which have been seeking increases of up to double current levels.

Mzi Khumalo’s Metallon on comeback trail

2015-07-30 12:17

Mzi Khumalo’s Metallon Corporation is on the comeback trail in Zimbabwe, with first-half gold production rebounding and the company revving up its Redwing mine.

R95m saved in SA copper mine’s energy costs

2015-07-30 10:37

Where there is a will and the skills to address energy costs, innovative ways to economise can always be found, says Standard Bank's Ethel Nyembe.

Zim's Mimosa platinum records rise in output

2015-07-28 15:08

Mimosa platinum mine, owned jointly by Aquarius Platinum and Impala Platinum, is on a strong footing after its quarterly production lifted by 5%, says the Aquarius CEO.


Asteroid mining could 'rescue' industry

2015-08-04 11:09

As mining companies struggle with the falling price of precious metals, the answer may lie in space

Some NUM members snub gold wage offer

2015-08-03 16:25

Some members of the National Union of Mineworkers have rejected a pay hike of up to 17% by gold producers, a union source says.

Low international prices hit Zimplats earnings

2015-08-03 09:10

Impala Platinum's Zimbabwe-based unit Zimplats has reported a 41% revenue drop for the quarter ended June 30 on depressed international prices.

Mittal plays empowerment ace, more benefits for black workers

2015-08-02 15:01

A new employee share ownership scheme will ensure black workers receive 15% more "economic benefits" than their white counterparts.

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.

New central Africa oil block threatens wildlife

2015-07-30 17:30

Activists say the new oil block on the Uganda-DRC border threatens delicate wildlife areas.

NUM signs wage deal with Northam Platinum

2015-07-30 12:38

The National Union of Mineworkers has signed a three-year wage deal with Northam Platinum for increases of up to 17% for its lowest paid members.

Harmony Gold happy with Papua New Guinea progress

2015-07-30 12:12

Harmony Gold has announced that additional drilling results in Papua New Guinea continue to return highly significant copper gold intercepts.

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.

NUM lowers wage demand by 9.5%

2015-07-27 17:30

The National Union of Mineworkers has reduced its pay demands for underground employees and is willing to negotiate further with gold producers.

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