Deal wizard of South African gold mining is scaring investors

2018-02-25 08:13

Investors might be running out of patience with Sibanye Gold Ltd.’s colorful chief executive, Neal Froneman.

Limpopo premier expresses hope for jobs in mining after losses

2018-02-23 17:54

According to a Statistics South Africa report, 35 000 jobs were lost in Limpopo in the last quarter of 2017, 15 000 of them in the mining sector.

Glencore M&A firepower undiminished after $2.9bn dividend

2018-02-22 19:19

Glencore might have announced a whopping $2.9bn dividend, but that doesn’t mean the company’s dealmaking firepower is diminished.

Striking Gupta mineworkers demand answers about their future

2018-02-22 14:45

Workers at Gupta-owned Optimum Coal Mine have demanded to know if they will be paid and asked to be informed of plans to pay outstanding debt to creditors, in a memo to the CEO.

Mining at risk because of policies

2018-02-21 14:30

Despite improved performance in 2017 and rising commodity prices, mining remains under pressure, according to the Budget Review.

Formal inquiry into DMR on cards after Zwane ducks and dives again

2018-02-21 11:38

The portfolio committee on mineral resources has agreed to pursue a formal inquiry into the Department of Mineral Resources, after Minister Mosebenzi Zwane failed to appear for a meeting.

Battle over mining rights in remote Eastern Cape villages

2018-02-20 05:40

Villages in Umgungundlovu are taking legal action against Minister of Mineral Resources Mosebenzi Zwane and the minister of rural development and land reform in a bid to stop mining rights being granted over land held by the community in terms of customary law.

Amplats revives dividend after 6-year pause as debt drops

2018-02-19 10:49

Anglo American Platinum has declared its first dividend in six years after the producer of the precious metal cut net debt by 75% from a year earlier.

Ramaphosa vows to step up efforts to break Mining Charter impasse

2018-02-16 20:01

President Cyril Ramaphosa says his government will “intensify engagements with all stakeholders” around the controversial Mining Charter to break an impasse with the industry.

Zwane's mining moves resulted in decline and disillusionment - analyst

2018-02-16 13:29

As Mining Minister Mosebenzi Zwane sits in the exit lounge, his lame duck speech to the Mining Indaba showed he is out of touch, unfocused and compromised, writes David Christianson.


Mineral resources committee concerned over Optimum Mine impasse

2018-02-24 12:33

The Portfolio Committee on Mineral Resources has expressed its concerns over the latest developments at the Gupta-owned Optimum coal mine in Mpumalanga, where workers are currently on strike.

Parliament calls on mineral resources dept to intervene at Gupta mine

2018-02-23 15:42

Parliament's Portfolio Committee on Mineral Resources has called on the mineral resources department to intervene at Gupta-owned Optimum Coal Mine in Mpumalanga.

Mining churns out cash as Anglo boosts profit and dividend

2018-02-22 17:18

Mining giants BHP Billiton, Glencore and Rio Tinto have all reported major profit growth, but it was Anglo's rebound that was one of the most impressive after it was on the brink of disaster in 2015.

Ramaphosa a double-edged sword for mining companies

2018-02-22 10:19

The new president has announced a redraft of the Mining Charter, sparking hope that the environment will improve for the private sector. But the rand’s rally has also hurt the country’s miners.

'We can't support our families' - anger mounts as workers at Gupta-owned coal mine down tools

2018-02-21 12:04

Mineworkers at the Gupta-owned Optimum Coal Mine, in Mpumalanga, have downed tools over the uncertainty of their jobs and the future of the mine.

Guptas' Optimum Coal risks suspension as workers protest

2018-02-21 11:09

Optimum Coal mine, linked to the politically connected Gupta family, will be suspended if managers fail to comply with the site’s social and labour plan.

Mining communities on board with hold on charter court bid

2018-02-19 15:27

Mining affected community networks say they are encouraged that they have been recognised as stakeholders who should be consulted on future Mining Charter talks.

Ramaphosa brings fresh hope to embattled mining sector - Peter Leon

2018-02-18 15:10

Mining expert Peter Leon believes South Africa’s mining sector could have a prosperous future ahead of it, now that the changing of the guard has taken place.

#EskomInquiry: 6 questions Exxaro wants Eskom to answer

2018-02-16 15:03

Exxaro CEO Mxolisi Mgojo wants Eskom to clarify reasons why its contracts were not renewed, despite it having presented a good business case.

Ramaphosa could scrap Mining Charter - union

2018-02-14 16:33

Anointed president Cyril Ramaphosa could be a huge ally to the besieged mining sector, trade union Solidarity has said ahead of the legal challenge against the controversial Mining Charter.

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