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Mining

Union wants to help with Aurora probe

Jul 03 2015 12:46

A union wants to help police in an investigation in the wake of the Aurora judgment, which enables directors of Aurora Empowerment Systems to be criminally charged.

Mining

Anglo plans major job cuts - sources

Jul 02 2015 15:36

Anglo American is planning to cut between 5% and 20% of staff at head offices around the world, sources close to the matter say.

Mining

Amplats drops to 10-year low, metal prices dip

Jun 30 2015 15:52

Anglo American Platinum has plunged to the lowest in 10 years amid a deepening slump in commodity prices.

Mining

Assore expects earnings drop on weaker prices

Jul 01 2015 18:30

Iron ore and manganese producer Assore says its full year earnings are expected to be up to two thirds lower after the dollar prices for its commodities fell during the period.

Mining

Gold companies offer unions up to 13% increase

Jun 29 2015 18:29

The gold sector has tabled its wage offer to mining unions, saying the offer is based on economic and social sustainability.

Mining

The sting in Aurora's broken tail

Jun 28 2015 17:00

A high court ruled that Khulubuse Zuma and his fellow directors, Zondwa Mandela and Thulani Ngubane, should be held liable for the ruined company’s R1.7bn debt

Mining

Rio exits Zim as plans to merge gem firms take shape

Jun 26 2015 17:01

Resources firm Rio Tinto has exited Zimbabwe following controversial government plans to merge all diamond mining companies into a state-owned corporation.

Mining

NUM, Parly committee welcome Aurora judgment

Jun 25 2015 18:56

NUM as well as the Portfolio Committee on Mineral Resources have welcomed the judgement that directors of Aurora and their business associates must pay up.

Mining

Zuma only Aurora director exempt from fraud charges

Jun 25 2015 12:10

Fraud charges can be brought against all Aurora directors except President Jacob Zuma's nephew Khulubuse Zuma, a high court judge has ruled.

Mining

Zuma lawyer could get sued over Aurora

Jun 25 2015 11:17

The guilty verdict against Aurora could pave the way for civil charges to be brought against Michael Hulley, President Jacob Zuma’s legal adviser, says Solidarity.

Inside Fin24.com

 
Mining

Exxaro cuts capex as low prices hurt

Jun 25 2015 10:46

Diversified miner Exxaro says its capital expenditure for the first half of 2015 is now expected to be R3.1bn, down 11% in the face of depressed prices.

Mining

Assore buys ARM's stake in chrome mine

Jun 25 2015 10:51

Iron ore producer Assore has bought out African Rainbow Minerals' 50% stake in the country's Dwarsrivier chrome mine.

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