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Mining

Gem Diamonds sees no impact from Lesotho crisis

Sep 01 2014 16:45

Gem Diamonds, whose flagship mine located in Lesotho, says it did not anticipate any impact on its operations from the political crisis unfolding in the country.

Mining

Implats mulls mechanisation

Aug 29 2014 06:00

Impala Platinum has warnedof a tough time ahead on the cost front, and its CEO says it is looking at modernising the workplace and will mechanise where it can.

Mining

Survival of the fittest in the new iron age

Aug 28 2014 17:15

The spot iron ore market is sinking under the weight of new supply, says Reuters columnist Andy Home.

Mining

Implats reviewing options to restore profits

Aug 28 2014 09:54

Impala Platinum has posted a drop in earnings after most of its SA operations had been hit by a wage strike and it is reviewing options to restore profits.

Mining

Aurora managers must pay back millions

Aug 27 2014 06:00

The former managers of Aurora Empowerment Systems and some of their family and friends have been ordered to repay over R15m to the company's liquidators.

Mining

Chile copper mine plans one-day strike

Aug 26 2014 20:29

Contract workers at Chilean copper mines are planning a one-day strike next month, demanding changes to labour laws, a union says.

Mining

Lonmin quells restructuring fears

Aug 26 2014 14:57

Platinum producer Lonmin has not made a decision on the size and shape of a business restructuring, adding that its immediate aim is to ramp up production.

Mining

Zuma nephew: I am not answerable for Aurora

Aug 26 2014 08:27

President Jacob Zuma's nephew Khulubuse Zuma says he was not responsible for the day-to-day management of Aurora and therefore cannot be blamed for its collapse.

Mining

Jobs bloodbath: Lonmin, unions in the dark

Aug 26 2014 07:00

Lonmin boss Ben Magara has denied reports of plans to slash the workforce and close shafts, while trade unions say they are not aware of any lay-offs.

Mining

Late filing delays Aurora court bid

Aug 25 2014 20:33

A bid to hold the bosses of Aurora Empowerment Systems liable for the collapse of the Pomodzi mines has been delayed by the late filing of opposing papers.

Inside Fin24.com

 
Mining

Lonmin to cut up to 5 700 jobs - sources

Aug 25 2014 18:52

Lonmin aims to cut around 21% of its workforce and close up to 11 shafts, as part of a drive to restore profits after a protracted wage strike, sources say.

Mining

No more Aurora court delays, say liquidators

Aug 25 2014 07:55

A R1.7bn claim against miner Aurora Empowerment Systems' insolvent estate involving Zondwa Mandela and Khulubuse Zuma is set to continue in the Pretoria High Court.

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