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Mining

Amcu warns Implats: Gloves will be off should job cut talks fail

Aug 07 2018 11:21

"We will hit where it matters most... [the] gloves will be off,” Joseph Mathunjwa, president of the Association of Mineworkers and Construction Union has warned Impala Platinum over looming job losses.

Mining

Even more bling beneath the Earth's surface – and scientists think they know why

Aug 07 2018 06:44

A cache of diamonds like the world-famous, rare blue Hope diamond lies hundreds of kilometres beneath the Earth's surface. Now, scientists think they know why these precious stones lie buried so deep.

Mining

Mandela centenary project to raise R100m for jobs, youth literacy

Aug 04 2018 06:45

Mandela's granddaughters Zaziwe Manaway and Swati Dlamini-Mandela have teamed up with metals mine South32 and the Relate Trust to raise R100m for job creation and youth literature.

Mining

Mantashe says plan by Implats to cut 13 000 jobs is 'unethical and reckless'

Aug 03 2018 18:44

Minerals Resources Minister Gwede Mantashe has labelled as 'unethical and reckless' a decision by platinum miner Implats to slash 13 000 jobs in a restructuring process aimed at boosting income.

Mining

Gold producers urge unions to consider 'credible' new wage offers

Aug 02 2018 20:19

Gold producers have tabled a new set of three-year wage offers for unions to "carefully consider" saying the sector is facing a difficult business climate.

Mining

Dept of Mineral Resources slams Implats retrenchment plans as 'thoughtless'

Aug 02 2018 17:01

The Department of Mineral Resources says an announcement of job cuts by platinum miner Implats smacks of bad faith in the midst of commitments to save jobs.

Mining

Implats to cut 13 000 jobs as it scales down on loss-making operations

Aug 02 2018 12:26

Impala Platinum has said its restructuring process will potentially impact 9 000 direct jobs and 4 000 contractor positions over the implementation period.

Inside Fin24.com

 
Mining

AngloGold sees return to profit as it exits SA mines

Aug 02 2018 10:51

AngloGold Ashanti says it returned to profit in the first half after the producer of the metal realised better prices for its output and it exited some South African operations.

Mining

Glencore sees big jump in cobalt supply from Congo mines

Jul 31 2018 14:33

Glencore has increased cobalt production by almost a third after restarting output at its Katanga unit in the Democratic Republic of Congo.

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Five of SA's top financial brains, including SARB governor Lesetja Kganyago share their best savings habits.
 

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