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Mining

Lanxess, Numsa in deadlock as underground mining strike continues

Jun 26 2019 15:24

Mining workers at the Lanxess Chrome mine in Rustenburg who have embarked on the underground strike last Wednesday are reportedly in poor conditions with no food or water.

Mining

De Beers diamond sales plunge again

Jun 25 2019 13:43

De Beers’s diamond sales plunged again at the company’s latest offering, underlining a slump in demand from the miner’s customers who are struggling to make a profit at current prices.

Mining

Gold gains to near highest since 2013 as bulls ‘back in control’

Jun 24 2019 09:11

Prices extended their advance above $1 400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy.

News

AMCU leader takes diplomatic tone ahead of platinum wage talks

Jun 16 2019 15:57

For a union leader that led the longest platinum-mining strike and which self-identifies as 'militant', AMCU president Joseph Mathunjwa is sounding rather diplomatic.

Mining

Mpumalanga NGOs take government to court over 'deadly air quality'

Jun 10 2019 13:49

Environmental NGOs have launched litigation demanding that government clean up the air in the Mpumalanga Highveld area, home to 12 coal-fired Eskom power plants.

Mining

Over 3 000 gold mine workers affected by Sibanye-Stillwater restructuring

Jun 05 2019 11:38

Sibanye-Stillwater has concluded the consultation phase of restructuring that will affect over 3 000 employees and see Beatrix 1 and Driefontein 2 shafts placed on care and maintenance, while Driefontein 6 and 7 shafts and Beatrix 2 plant will be closed.

Mining

Xolobeni lawsuit: Activists denied access to documents for defamation defence

Jun 01 2019 14:00

The company that is looking to start mining in the heritage site community of Xolobeni in the Eastern Cape is taking environmental activists and attorneys to the Western Cape High Court for defamation.

Mining

Mining groups ask court to approve R5bn silicosis settlement case

Jun 01 2019 13:00

Mining groups have asked the Gauteng High Court to approve a R5bn settlement agreement relating to thousands of gold miners affected by silicosis or tuberculosis.

Mining

Sibanye is now the world's no. 1 platinum miner

May 30 2019 06:58

With the acquisition of Lonmin, Chief Executive Officer Neal Froneman has completed Sibanye’s transformation to a giant of SA's key platinum sector.

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Mining

Shell plans SA oil expansion with second deal

May 29 2019 19:01

Shell is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major discovery by Total SA boosted the country’s hydrocarbon prospects.

Mining

Sibanye chairperson Sello Moloko announces resignation

May 29 2019 14:49

The mining company said Moloko will be focussing on other responsibilities and the development of the Thesele Group, a 100% black-owned investment company which he founded in 2005.

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