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Mining

First Quantum shuts Australia nickel plant

Dec 15 2014 09:45

Canada's First Quantum Minerals has shut its Ravensthorpe nickel plant in Australia following an acid spill, which is under investigation.

Mining

Hochschild Mining cuts executive pay

Dec 10 2014 12:15

Hochschild Mining says chairperson Eduardo Hochschild will become non-executive chairperson and will also further slash executive pay.

Companies

Anglo to axe 60 000 jobs by 2017

Dec 09 2014 19:19

Anglo American's chief executive, Mark Cutifani, says the company aims to cut more than 60 000 jobs by 2017 as part of a wider re-organisation.

Mining

Protracted strike hits Implats earnings

Dec 09 2014 09:34

Impala Platinum is expecting its earnings to be 20% lower primarily due to lower production from its Rustenburg operations.

Mining

Lonmin to plan for partial rebuild

Dec 08 2014 13:48

Lonmin says its plan to rebuild part of a furnace nine months earlier than scheduled will not impact overall sales or unit cost guidance for the new financial year.

Mining

Illegal strike forces Avocet to halt operations

Dec 08 2014 10:50

Gold miner Avocet Mining says it has halted operations at its Inata gold mine in Burkina Faso due to an illegal strike.

Mining

Sibanye, Northam vying for Anglo's Union mine

Dec 04 2014 14:18

Precious metals mining firms Sibanye Gold and Northam Platinum are among a group of suitors interested in Anglo American Platinum's Union mine.

Mining

Harmony to cut jobs

Dec 02 2014 14:05

Harmony Gold says it has started a process to cut jobs at its Kusasalethu mine to reduce costs and return the operation to productivity.

Mining

Amplats expects earnings to drop

Dec 01 2014 09:27

Anglo American Platinum expects full-year earnings to fall by at least 20% due to a record five-month strike that hit its South African operation.

Mining

Lonmin completes BEE credits

Nov 26 2014 15:46

Platinum producer Lonmin has completed three deals to make up its remaining 8% black economic empowerment credits, it says.

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Mining

Gemfields unearths rare ruby in Mozambique

Nov 26 2014 12:20

British miner Gemfields has found a 40.23-carat rough ruby in Mozambique, and termed it as "one of the most important rubies unearthed in recent times".

Mining

Hulamin buys BHP's SA aluminium casthouse

Nov 24 2014 15:02

Aluminium-products maker Hulamin is part of a group which has signed a deal to buy a casthouse from BHP Billiton, sending its shares higher.

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