Coal producers conclude 3-year wage agreement

2017-11-23 12:48

The Chamber of Mines has reached a three-year wage settlement with the National Union of Mineworkers.

Glencore's troubles in Congo claim its highest profile victim

2017-11-21 09:13

Two weeks after the Paradise Papers leak brought a wave of scrutiny over Glencore’s dealings in the Democratic Republic of Congo, the company is facing another scandal.

163-carat Angolan diamond sells for $34m, still disappoints

2017-11-15 16:12

A flawless 163-carat clear diamond from Angola fetched $34m (approximately R487m) at Christie’s in Geneva - not enough to dispel concerns about the health of the market.

DRC tin explorer to list on JSE

2017-11-15 11:20

Alphamin intends to list on the AltX in order to raise the final $31.4m needed to complete construction of a mine in the eastern DRC, which is expected to produce 10 000 tons of tin annually.

NUM plans to start coal strike end of next week

2017-11-10 18:32

The National Union of Mineworkers could start a strike in the coal industry soon.

The making of a South African mining champion

2017-11-09 13:39

With regulatory uncertainty expected to remain a feature of the South African mining industry for at least the next two years, Sibanye-Stillwater’s Neal Froneman is focusing on international growth.

Inside Bernard Swanepoel’s Last Mile Fund

2017-11-09 09:37

The former CEO of Harmony Gold is partnering with Harmony chairman Patrice Motsepe to launch a fund worth over R1bn, which will be used to scale up existing mining operations.

Living in terror

2017-11-05 06:00

Two former Amcu members claim the union is running a well-managed project to kill rivals and rule the North West platinum belt.

What about South32’s share buy-back?

2017-11-02 13:58

South32 extended its share buy-back by $250m to $750m in August. But not everyone is happy about this.

Sibanye to lay off 2 000 miners - NUM

2017-10-31 18:24

The National Union of Mineworkers said on Tuesday afternoon that 2 000 of its members from Sibanye-Stillwater's Cooke Gold mine had received "forced retrenchments termination letters".


Alphamin's reluctant CEO

2017-11-23 11:13

While he initially had to be persuaded to take the position, Alphamin CEO Boris Kamstra is now fully at home in his role overseeing the development of the Bisie tin mine in the DRC.

Glencore directors step down from DRC unit amid probe

2017-11-20 15:06

Three Glencore executives have stepped down as directors of the Swiss trader’s copper and cobalt unit, Katanga Mining after an internal review found 'material weaknesses' in financial reporting controls at the operation.

Glencore is close to creating a mining royalty company

2017-11-15 12:42

Glencore is close to finalising a $700m deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty company.

Towards a more effective mining policy

2017-11-14 10:34

The mining industry has had a far greater positive impact on South Africans than its critics allow. Can the best interests of South Africans be aligned with those of the industry and policymakers?

Lonmin in a race against time

2017-11-09 15:44

As it faces razor-thin profit margins, Lonmin's share price has decreased sharply over the past week.

Congo's Gecamines accounts missing $750m, advocacy group says

2017-11-09 11:21

Almost $750m paid by international mining companies to the Democratic Republic of Congo’s state-owned miner over three years, is missing from the company’s accounts, says the Carter Centre.

BEE: Mining firms on edge

2017-11-08 14:11

Mining companies and investors are eagerly awaiting this month’s High Court decision on the ‘once empowered, always empowered’ principle regarding black ownership.

3 trapped, 1 dead in collapse at AngloGold Ashanti mine

2017-11-02 17:44

Three miners are trapped and one has died after a rockfall at an AngloGold Ashanti mine near Carltonville.

Boring does it

2017-11-02 10:00

Enthusiasm for mining shares remains subdued, and some investors claim that the mining bosses are directly to blame.

Lonmin hits back at calls to shut down its operations

2017-10-29 18:15

Lonmin has hit back at calls by the Mining Forum of South Africa and Bapo ba Mogale Investments to have its operating licence removed over non-compliance with its Social and Labour Plan.

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