Mining | Fin24

Mining, manufacturing contribute to 16 000 jobs slide

Dec 11 2018 13:47

According to Statistics SA, the mining sector’s production showed a 0.5% increase in production year-on-year, while the sector contributed to the loss of 16 000 jobs in the third quarter of 2018.


Glencore's billionaire copper chief retires under legal pressure

Dec 04 2018 06:25

Glencore has announced the retirement of billionaire Aristotelis Mistakidis, its embattled head of copper trading and one of the company’s biggest shareholders.


Anglo CEO says investor confidence returns to South Africa

Nov 29 2018 22:22

Anglo American, the company that grew to be South Africa’s biggest during apartheid, says it’s ready to invest in the country again.


Lonmin improves financial position ahead of Sibanye takeover

Nov 29 2018 20:03

Lonmin reports improve performance in what is expected to the company last financial results ahead of its planned merger with Sibanye-Stillwater


New offer to end Gold Fields strike likely to be rejected, says union

Nov 28 2018 12:49

Gold Fields has presented a new offer to the National Union of Mineworkers in an attempt to end the union’s strike against retrenchments - now in its fourth week- but union officials say it is unlikely to be accepted.


Workers have lost R56m in wages as Gold Fields strike nears four weeks

Nov 23 2018 13:03

Gold Fields' South Deep mine has lost R178m in revenue since the strike by the National Union of Mineworkers started nearly four weeks ago, and workers have missed out on more than R56m in wages.



Sibanye to head to court as AMCU strike claims first life

Nov 22 2018 17:40

Sibanye-Stillwater will file an urgent court interdict to try to prevent further violence and intimidation, as the wage strike by AMCU claimed its first life.

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