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Mining

Gold Fields to spend up to $500m on mines

Mar 04 2015 06:00

Bullion producer Gold Fields can afford to spend $300 to $500m on an acquisition but is only interested in working mines, says chief executive Nick Holland.

Mining

Aurora dismissal a 'victory' - union

Mar 04 2015 05:00

The dismissal of Khulubuse Zuma's application to have claims of R1.5bn against Aurora Empowerment Systems set aside is a victory for workers, trade union Solidarity says.

Mining

Khulubuse Zuma loses Aurora court bid

Mar 03 2015 15:40

An urgent application by Khulubuse Zuma to have claims of over R1.5bn against Aurora Empowerment Systems set aside, has been dismissed by the high court.

Mining

Royal Bafokeng earnings up on sales, cost cuts

Mar 03 2015 08:54

Royal Bafokeng Platinum says its full-year earnings have risen 38% due to higher sales, cost cuts and as currency weakness lifted the rand price of its metals.

Mining

Mining bill faces another hurdle

Mar 01 2015 20:00

It will be several more months before the major overhaul of South Africa’s mining law is finalised, making new investment in the sector more or less impossible.

Mining

Khulubuse Zuma goes to court over R1.5bn Aurora claims

Mar 01 2015 12:17

Khulubuse Zuma has lodged an urgent court application to have claims of about R1.5bn against Aurora Empowerment Systems set aside.

Mining

Zimplats slips on low prices and mine closure

Feb 27 2015 13:35

Impala Platinum's Zimbabwe-based unit Zimplats reported a significant half-year profit drop due to lower metal prices and the write-off of its Bimha mine.

Mining

Glencore cuts Australia coal output on weak demand

Mar 01 2015 11:15

Mining and commodities giant Glencore Xstrata says it is reducing its coal production in Australia by 15 million tons amid weak global demand and oversupply.

Mining

Sibanye Gold not keen on Implats Marula mine

Feb 26 2015 19:19

Sibanye Gold, which says it wants to expand into platinum, says it is not interested in Impala Platinum’s Marula mine.

Mining

Implats says no job cuts in Rustenburg revamp

Feb 26 2015 16:26

Impala Platinum will revamp its Rustenburg mines to boost productivity, but staffing levels will stay the same at the centre of often violent labour unrest, its chief executive says.

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Mining

Implats aims for smaller Rustenburg operation

Feb 26 2015 10:26

Impala Platinum aims to modernise its Rustenburg mines, the centre of labour unrest in recent years, into "smaller, more concentrated mining" operations.

Mining

Temporary labour reprieve for SA miners in Zim

Feb 25 2015 08:40

A wage hike settlement agreed by Zimbabwean mineworkers and their employers has provided the miners with a temporary labour dispute respite.

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