Mining | Fin24

Exxaro to cut ties with Group Five; 740 contract workers at risk

Mar 22 2019 08:22

Exxaro has said that the construction of a new small coal plant at its Grootegeluk mine in Limpopo would be delayed after it terminated its agreement with Group Five Projects, a subsidiary of Group Five Construction.


Labour court rules extension of Sibanye-Stillwater wage agreement to AMCU is lawful

Mar 20 2019 22:28

The Labour Court has ruled that a gold wage agreement between Sibanye-Stillwater and unions NUM, UASA and Solidarity, which has been extended to AMCU as well as non-unionised employees, is valid and lawful.


Amplats hands land to South Africans amid expropriation push

Mar 15 2019 08:01

The mining company is giving hundreds of hectares of land to communities living in an area that’s rich with the ore as the ANC seeks to introduce laws that make it easier to expropriate land without paying for it.


Optimum coal got kid glove treatment under Tegeta, commission hears

Mar 08 2019 19:06

A coal supply unit manager at Eskom tells the Zondo Commission he knew of disputes over penalties issued to Optimum mine under Glencore by Eskom, while the same colliery under Tegeta faced less.


De Beers sales sputter again as cheap diamonds remain unloved

Mar 05 2019 14:57

De Beers is having the worst start to a year since at least 2016, in the latest sign of difficulties plaguing the global diamond industry.


Mining giants make progress in tackling crippling TB epidemic, HIV

Mar 03 2019 20:30

South Africa's mining industry has recorded a 3% decrease in the total number of occupational diseases reported nationally for 2017 compared with the previous year.


How to get mining on track to be SA's sunrise industry

Mar 03 2019 15:45

If the mining sector is to truly become the "sunrise industry" that President Cyril Ramaphosa wishes it to be, the government will have to become more proficient in how it regulates the industry.


Implats plans to build palladium mine in 2021 on bullish outlook

Feb 28 2019 20:31

Impala Platinum plans to start building a new palladium mine that could begin producing as soon as 2024 as the company’s outlook for metals turns bullish.


Implats shares rise 7% as profit jumps

Feb 28 2019 12:30

Implats has announced a headline profit of R2.23bn for the six months ended December 31 2018, compared to losses of some R150m in the previous comparable period.



'Unfathomable' that AMCU wants sympathy strikes - Minerals Council CEO

Feb 22 2019 12:20

Fifteen mining companies have received notices of secondary strike action from trade union AMCU, the Minerals Council said in a statement on Friday, adding the companies would do 'everything in their power' to avert the sympathy strikes.


Lonmin gets strike notice from AMCU

Feb 21 2019 11:25

Platinum producer Lonmin says it has received a notice for a sympathy strike from the Association of Mineworkers and Construction Union (AMCU) in support of the ongoing stay away at Sibanye-Stillwater.

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