Breaking News
Outgoing CEO delivers passionate plea for mining certainty
Clear message
The Anglo American mining group will not spin off its South African assets into a separate entity to please some investors.
05 Dec 2012
Mangaung holds the key
SA mining industry will not be nationalised
Despite assurances that SAs mining industry will not be nationalised, it is an issue that refuses to go away.
04 Dec 2012
No plans for unbundling – Harmony, AngloGold Ashanti
Gold Fields’ decision to separate causes speculation
Gold Fields’ decision to separate a large portion of its old local assets from its early-stage open-pit offshore operations started much weekend speculation
03 Dec 2012
SA beneficiation industry gets boost
IDC buys Scaw Metals Group
Beneficiation of mineral resources in South Africa has been given a huge boost with a consortium led by the Industrial Development Corporation's buying of the Scaw Metals Group.
27 Nov 2012
Thousands of mining jobs on the line - CoM
More than 10 000 miners could be retrenched
Platinum mines are struggling to break even and gold mines have had to go deeper
26 Nov 2012
Mining slowdown shows in lower Eskom sales
Eskom reports a decline
Eskom has reported sales of only 110 766 GWh in the six months to September 30, 2012, a decline of 2.9% when compared with the 114 043 GWh recorded during the same period in 2011.
22 Nov 2012
Glencore, Xstrata merger close but not everybody's happy
Xstrata takeover by commodities giant Glencore
Shareholders in miner Xstrata, a major shareholder in Lonmin, have given the go ahead to a long-awaited $31-billion takeover by commodities giant Glencore.
21 Nov 2012
Xtrata calls for Lonmin management shake-up
Xstrata requires changes to be made on the board
Xstrata plc CEO Mick Davis has written to the Chairman of Lonmin plc to notify him of Xstrata’s decision to support Lonmin’s proposed rights issue and subscribe in full for its rights
16 Nov 2012
Amplats strike may be over
Strike at Amplats could draw to an end as early as today
The eight-week strike at Amplats' operations could draw to an end as early as today (November 15).
15 Nov 2012 - R.
Lonmin refuses Xtrata's takeover bid
Lonmin reported an operating loss of $702-million
The board of platinum miner Lonmin, which is recovering from a six-week strike at its flagship Marikana mine, has reported an operating loss of $702-million for the year ended September
12 Nov 2012
Gem Diamonds
Gem Diamonds to slow down in Lesotho, Botswana?
“The review will aim to ensure that there is sufficient flexibility to allow for these projects to be accelerated should market conditions improve significantly,” Clifford Elphick, CEO of the London-listed company, says in a six-month trading update.
08 Aug 2012
Gem Diamonds reviews Capex plans for Lesotho
Gem Diamonds to slow down in Lesotho, Botswana?
07 Aug 2012