Mining industry to tackle 'unacceptable' rise in deaths

2018-08-20 06:03

The Minerals Council of South Africa has launched a National Day of Safety and Health in Mining, calling the "current crisis" unacceptable.

Life vs profit: One mine death is a death too many

2018-08-19 09:13

The mining industry should spend money on health and safety and not on lawyers who threaten workers for speaking out, writes Livhuwani Mammburu.

Harmony Gold expects earnings to be lower than prior financial year

2018-08-17 20:25

Harmony Gold has achieved its production guidance for the third consecutive year and increased its underground recovered grade by 8%.

Mantashe slams job losses, 'backward' leadership at Gold Fields

2018-08-15 16:05

Mineral Resources Minister Gwede Mantashe has slammed Gold Fields management over its planned retrenchments, saying the job losses reflect "backward" leadership and scapegoating.

Gold Fields punished as miner forced back to the drawing board on South Deep

2018-08-14 15:51

Investors dumped Gold Fields stock as the miner is forced to come up with another plan to save its massive South Deep mine after years of losses and failed turnarounds.

Gold Fields to cut over 1 000 jobs in South Deep restructure

2018-08-14 09:22

Gold Fields says it may cut more than 1 100 workers at its loss-making South Deep operation and will refocus the mine plan after repeated turnaround efforts failed.

Implats CEO thinks jobs can be saved

2018-08-08 14:20

Mineral resources minister Gwede Mantashe has laid into Implats for the looming 13 000 job cut, but CEO Nico Muller believes some of those affected can be relocated to growing Implats projects.

Amcu warns Implats: Gloves will be off should job cut talks fail

2018-08-07 11:21

"We will hit where it matters most... [the] gloves will be off,” Joseph Mathunjwa, president of the Association of Mineworkers and Construction Union has warned Impala Platinum over looming job losses.

Maseve acquistion weighs on Royal Bafokeng Platinum's earnings

2018-08-06 17:46

Royal Bafokeng Platinum's acquisition of Maseve contributed to a loss per share of 12.4 cents for the period.

Implats to cut 13 000 jobs as it scales down on loss-making operations

2018-08-02 12:26

Impala Platinum has said its restructuring process will potentially impact 9 000 direct jobs and 4 000 contractor positions over the implementation period.

 

Life vs profit: Zero harm in mining needs shoulder-to-shoulder collaboration

2018-08-19 09:46

We are working tirelessly towards improving our safe production results and to achieving zero harm for as long as possible, writes Neal Froneman.

Sword of Damocles hangs over miners' heads

2018-08-19 06:03

Only a fifth of those who could lose their jobs at South Deep mine, western Johannesburg, would be able to find other jobs.

Unions reject gold companies' latest wage offer

2018-08-15 19:27

Unions involved in wage bargaining talks for the gold sector have rejected the latest offer put forward by employers, with union Solidarity saying skilled workers have not ruled out a strike.

New Lily Mine owners set to resume operations after three year hiatus

2018-08-15 06:45

The new owners of Lily and Barbrook Mines in Mpumalanga say they are ready to resume operations after nearly three years of non-activity.

First mining production increase in four months - Stats SA

2018-08-14 14:54

The most important contributor to the mining production increase in June was the platinum group metals, says Statistics SA.

Mantashe must wear the hat of conviction

2018-08-12 06:00

Mineral Resources Minister Gwede Mantashe last week expressed surprise and shock that Impala Platinum, which plans to lay off 13 000 mine workers, cares more about profit than it does about its people.

Glencore posts record interim profit and cuts debt: But what will it do with the cash?

2018-08-08 13:58

Glencore has posted record interim profit and cut debt to below target, but left investors guessing about what it will do with all the extra cash.

Mining firms set to spend $11bn in search of the next jackpot

2018-08-07 10:58

Miners and investors think the sector's heavyweights might be close to a new jackpot discovery.

Mantashe says plan by Implats to cut 13 000 jobs is 'unethical and reckless'

2018-08-03 18:44

Minerals Resources Minister Gwede Mantashe has labelled as 'unethical and reckless' a decision by platinum miner Implats to slash 13 000 jobs in a restructuring process aimed at boosting income.

AngloGold sees return to profit as it exits SA mines

2018-08-02 10:51

AngloGold Ashanti says it returned to profit in the first half after the producer of the metal realised better prices for its output and it exited some South African operations.

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