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.

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.

Mining

Activists accuse aspiring Xolobeni miner of malicious litigation

May 28 2019 20:00

The Australian company sued the environmental activists for defamation over misgivings they expressed about the process behind the approval of their exploration licence in Xolobeni.

Mining

Khulubuse Zuma, Zondwa Mandela in court on Grootvlei mine charges

May 28 2019 15:52

The directors of Aurora Empowerment Systems, namely Khulubuse Zuma, Zondwa Mandela and Thulani Ngubane, appeared in the Springs Regional Magistrate's Court on Tuesday.

Mining

Total at sample analysis phase of exploration at recent gas find

Jun 13 2019 10:18

Total's general manager for exploration and production in South Africa says 2D and 3D data capturing and fluid sampling at Brulpadda will enable a better understanding of other prospects within the block, as well as the next drilling targets.

Inside Fin24.com

'We can't do nothing'

PetroSA can survive 'beyond today' thanks to emergency plan, MPs hear
Business rescue

Group Five has filed for bankruptcy protection
Land expropriation

Valuer-General does not replace court in determining compensation for expropriation - chamber
'Disastrous'

Numsa has rejected the latest tariff increase granted to Eskom

Mining

World’s biggest miner sees coal's era ending in shift to the battery age

May 22 2019 13:00

BHP Group, the world’s biggest miner, sees the outlook for thermal coal as challenged and won’t add production as it prioritises growth in commodities tied to the shift to renewable energy and electric transport.

Mining

De Beers diamond sales slump again in another warning sign

May 21 2019 12:21

De Beers’s diamond sales plunged to the lowest since 2017 in the company’s latest offering, underlining a slump in the industry worldwide.

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