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African Minerals mulls mine stake sale

Nov 21 2014 18:30

African Minerals will seek to sell part of its stake in the Tonkolili iron ore mine in Sierra Leone in what analysts say is a last-ditch effort to stay afloat.


Glencore wins interdict against NUM strike

Nov 20 2014 09:16

Glencore has won an interim interdict in the Labour Court against the National Union of Mineworkers conducting a secondary strike at its Optimum Coal mine.


Gold Fields dips on lower output

Nov 20 2014 09:50

Bullion producer Gold Fields has posted a 6% drop in third-quarter earnings after its flagship South Deep mine saw an 18% decline in production.


Bid to make mines safer

Nov 19 2014 19:35

An initiative to make mining safer and provide skills to workers has been announced at the mine health and safety summit held, says the Chamber of Mines.


Gemfields' South African boss has big plans

Nov 19 2014 12:33

Gemfields CE Ian Harebottle is aiming for a $1bn business in the next 18 months and says in two to three years' time he may even ask 'shall we buy De Beers'?


Big five gold mines to tackle lung disease

Nov 18 2014 19:01

Five of the country's largest gold mining companies have formed an industry working group to address occupational lung disease.


Top platinum producers launch investment body

Nov 18 2014 12:07

Six of the world's biggest platinum producers have launched a dedicated body to promote the precious metal as an investment vehicle.


Glencore Xstrata to shut mine during Christmas

Nov 14 2014 13:50

Mining and commodities giant Glencore Xstrata says it will close its Australian coal mines for three weeks during Christmas owing to weak prices and oversupply.


Debswana, De Beers celebrate anniversary

Nov 13 2014 17:38

The partnership between Debswana, the government of Botswana and De Beers was celebrated in Gaborone recently.


Shares in African Minerals dive on funding woes

Nov 13 2014 21:09

Shares in African Minerals, struggling to shore up its battered finances, tumbles on concern over short-term funding.


Indian company to invest in African zinc

Nov 13 2014 11:15

India's Sesa Sterlite will invest $782m over a three-year period in southern Africa to tap the region's large undeveloped deposits of the metal.

Inside Fin24.com


AngloGold, NUM work to halt retrenchments

Nov 11 2014 19:14

AngloGold Ashanti and the National Union of Mineworkers have agreed to look for ways to avoid forced retrenchments, says the union.


NUM neglected its duty, says lawyer

Nov 11 2014 16:15

The National Union of Mineworkers failed to properly represent rock drill operators prior to the 2012 strike at Lonmin, the Farlam Commission of Inquiry has heard.

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