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Mining

Northam launches R6.6bn BEE deal

Oct 22 2014 10:29

Northam Platinum has agreed to a R6.6bn deal with black shareholders that will see it increase its black ownership to over a third.

Mining

NUM signs pay deal with De Beers

Oct 21 2014 19:45

The National Union of Mineworkers has signed a three-year wage agreement with De Beers after tough negotiations, the union says.

Mining

Hulamin issues trading statement

Oct 20 2014 11:25

Aluminium supplier Hulamin has reported negative earnings per share for the 2013 year after taking account of a net impairment charge of R1.5bn.

Mining

SA seeks to revamp disused gold mines

Oct 16 2014 21:56

The once massive gold mining industry has been shrinking for years, leaving billions of rands of plants, worker housing and pipelines at risk of demolition.

Mining

Lonmin lashes out at profit shifting report

Oct 16 2014 12:31

Lonmin has vehemently denied a report which claims it transferred over R2.3bn in fees to two of its subsidiaries, one of which is in Bermuda.

Mining

Mining industry 'sleeping on the job'

Oct 16 2014 11:52

Pro-nationalisation forces are on the march because the mining industry is not addressing the real issues of transformation, warns mining magnate Bridgette Radebe.

Mining

Former Xstrata boss's raises more for deals

Oct 15 2014 13:15

The former boss of mining company Xstrata, Mick Davis, has secured a further $1bn in funding from unnamed investors.

Mining

Aquarius terminates China mine stake deal

Oct 15 2014 10:54

Aquarius Platinum says its planned sale of stakes in a small mine and project to a Chinese consortium for $37m is off, after it failed to get regulatory approval.

Mining

Rio Tinto to sell stake in Cameroon

Oct 15 2014 08:36

Rio Tinto plans to sell its shares in an aluminium smelter in Cameroon, ending a partnership with the government as the project no longer fits group plans.

Mining

Village Main approached as acquisition target

Oct 13 2014 13:30

Village Main Reef has been approached by companies looking to acquire it and will embark on a review that could lead to the sale of some or all of its assets.

Inside Fin24.com

 
Mining

Tullow says talks resolve industrial action

Oct 12 2014 17:30

Tullow Oil says talks to resolve "limited industrial action" in north Kenya have been successfully concluded and the staff affected are returning to work.

Mining

Mining housing of R2.1bn welcomed

Oct 10 2014 16:21

The Portfolio Committee on Mineral Resources has welcomed the decision by government to ring-fence R2.1bn for housing implementation in distressed mining towns.

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