FSB takes steps to recover missing R255m

2017-06-18 06:02

The Financial Services Board (FSB) has placed Bophelo Benefit Services and the Bophelo Beneficiary Fund under curatorship after City Press reported that R255m in mine worker pension money was missing from the fund.

Corruption erodes investment opportunities - mining CEO

2016-10-05 20:30

Mining companies can build a solid business, however, investors are most perturbed by corruption, says Steve Phiri, CEO of Royal Bafokeng Platinum.

Platinum miners seek to preserve cash as demand slows

2015-10-27 10:57

Problems are mounting for platinum miners as efforts to raise output are negated by sluggish demand and low prices for the precious metal, says Aquarius Platinum.

Amplats profit rises as mine-disposal options probed

2015-07-20 09:45

Anglo American Platinum (Amplats) says it’s still studying whether to separately list or sell four aging South African mines it’s seeking to dispose of.

Amplats shift supervisor killed in fire

2015-06-06 07:30

A shift supervisor at Anglo American Platinum's Union mine in Rustenburg was killed earlier this week when an office building at the Spud Shaft caught fire and burnt down, the mining company says.

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.

Amcu, miners disagree over potential job cuts

2014-06-24 11:36

Amcu president Joseph Mathunjwa says mining firms have committed to no retrenchments, while they maintain restructuring and shedding of jobs is inevitable.

Mine deal issues still to be thrashed out

2014-06-13 08:58

Amcu has accepted a new wage offer in principle but some outstanding issues still need to be discussed, says its leader Joseph Mathunjwa.

Make-or-break mine talks set to start

2014-06-09 09:32

Amcu and major platinum producers are due to meet for another crucial round of talks, amid government threats to pull out if a deal is not agreed.

No agreement in platinum strike

2014-05-24 18:28

No agreement has yet been reached with striking platinum mineworkers, their employers say in a joint statement.


Sibanye clears state barrier to buy Amplats mines

2016-10-19 09:44

Sibanye has cleared the final regulatory hurdle for its R4.58bn acquisition of Anglo American Platinum's Rustenburg mines, it has been announced.

Anglo American warns of job scam asking for money

2016-06-09 20:17

One of the world's largest mining companies, Anglo American Platinum, says a job scam - in which fraudsters pretend to represent the company in a bid to extract personal information from unsuspecting members of the public - is doing the rounds.

1 000 jobs at risk as Glencore to shut mine

2015-08-18 13:50

Glencore will shut its Eland platinum mine in South Africa, risking about 1 000 jobs, says trade union Solidarity.

Union says Amplats developer to fire 165 workers amid strike

2015-07-03 13:22

More than 500 workers at Anglo American Platinum's unit at the Twickenham operation in South Africa have started a strike against plans to cut as many as 165 jobs.

Implats aims for smaller Rustenburg operation

2015-02-26 10:26

Impala Platinum aims to modernise its Rustenburg mines, the centre of labour unrest in recent years, into "smaller, more concentrated mining" operations.

Top platinum producers launch investment body

2014-11-18 12:07

Six of the world's biggest platinum producers have launched a dedicated body to promote the precious metal as an investment vehicle.

Mathunjwa sees light at end of tunnel

2014-06-13 12:28

Amcu leader Joseph Mathunjwa says he hopes to meet platinum producers by the end of the weekend for discussions to end the five-month strike stalemate.

Strike 'may threaten national security'

2014-06-10 07:55

The platinum strike could threaten national security and the economy, warns a commercial body, while miners will explore other options after the latest stalemate.

Bapo ba Mogale want court action over mining strike

2014-06-08 10:35

Bapo ba Mogale, who owns the land on which platinum giant Lonmin mines, is considering high court action in a bid to force the company and its workers to settle the five-month strike.

100s of mineworkers receive food parcels

2014-05-24 16:10

Hundreds of mineworkers and their families have received food parcels from the Gift of Givers at the Wonderkop stadium in Marikana.

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