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Mining

163-carat Angolan diamond sells for $34m, still disappoints

Nov 15 2017 16:12

A flawless 163-carat clear diamond from Angola fetched $34m (approximately R487m) at Christie’s in Geneva - not enough to dispel concerns about the health of the market.

Mining

Glencore is close to creating a mining royalty company

Nov 15 2017 12:42

Glencore is close to finalising a $700m deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty company.

Mining

Court allows mining communities to join Chamber’s case against DMR

Nov 14 2017 14:56

A High Court has ruled that mining-affected communities can join the application of the Chamber of Mines to have the Mining Charter reviewed.

Mining

Wildcat stay away ends at Harmony's Kusasalethu gold mine

Nov 14 2017 14:51

Employees at Kusasalethu gold mine near Carletonville in Gauteng have returned to work after a wildcat strike.

News

Eskom taking measures in case of NUM coal strike

Nov 13 2017 18:19

Eskom says it is concerned about the duration of a potential NUM coal strike, and possible intimidation against Eskom coal suppliers not affiliated with the union.

Mining

Strike shuts down Harmony's Kusasalethu gold mine

Nov 13 2017 15:19

Harmony Gold says a wildcat strike has broken out at its Kusasalethu gold mine near Carletonville in Gauteng.

Mining

BEE 'top-up' provision in Charter could steer away investors - Chamber of Mines

Nov 09 2017 20:30

A provision in the disputed Mining Charter of 2017 which requires holders of mining rights to top up the black ownership of its mines to 30% if it falls short, could steer away investment, a court has heard.

Mining

Anglo American and Glencore face coal pay strike

Nov 09 2017 11:24

SA coal producers and the main union representing their workers failed to reach an agreement on wages and the labor group has been given permission to call a strike.

Inside Fin24.com

 
Mining

Congo's Gecamines accounts missing $750m, advocacy group says

Nov 09 2017 11:21

Almost $750m paid by international mining companies to the Democratic Republic of Congo’s state-owned miner over three years, is missing from the company’s accounts, says the Carter Centre.

We're talking about: MINI BUDGET

Finance Minister Malusi Gigaba has laid bare South Africa's economic woes. Visit our Mini Budget Special for all the action.
 

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