FOLLOW US

Harmony in talks to cut over 3,000 jobs – NUM

The miner is in talks with unions to cut more than 3,000 jobs at its Doornkop mine.

SA plans $124m fund for miners with lung disease

Compensation will apply to sufferers of tuberculosis, silicosis and other illnesses.

Anglo American: Someone’s going to get hurt

Anglo’s determination to pay dividends in an increasingly challenging environment is going to get somebody hurt.

DRC hard-talk adds twist to Ivanhoe-Zijin deal

Ivanhoe to meet with DRC government on the weekend.

Botswana’s Okavango diamond sales fall 20%

As global rough diamond prices soften.

DRC seeks meeting with Ivanhoe over stake sale

Mines ministry wants to discuss the sale of a stake in the Kamoa copper project to Zijin.

Governor of DRC mining hub warns against tax hikes

New taxes could harm business climate – Katanga governor.

Implats cancels plans to sell Marula mine

Miner aims to rather cut costs and grow output.

Could SA’s gold mining industry be gone by 2020?

Peter Major on how management has lost control of their mines.

SA to release Marikana report next month

President Jacob Zuma received the findings of the inquest at the end of March.

What the Metals and Engineering Indaba needs to address

South African industry heavyweights and policymakers to tackle import protection, policy uncertainly, corruption and questions surrounding power utility Eskom.

Zijin to buy stake in Ivanhoe’s DRC project

Agrees to buy almost half of the Kamoa copper project from Ivanhoe Mines for $412m.

Sibanye still keen on Anglo’s platinum mines

May still bid for the South African mines that Anglo American wants to dispose of.

Private equity’s big African potash play

First phase of Circum project to ‘generate $1bn per annum in revenue’. Partners optimistic about business in Ethiopia.

Zimbabwe shortlists 4 bidders to revive tin mine

The Kamativi tin operation closed in 1994.

Ex-Lonmin CEO seeks $40m to restart Zambia mine

Brad Mills plans to restart the Munali nickel mine.

Tanzania gold output snaps two-year decline

Output edged up 1.26% in 2014 to 1.27 million ounces.

Exxaro coal buy must benefit community – minister

Purchase of Total SA’s South African coal unit must benefit local communities, says Ngoako Ramatlhodi.

Zimbabwe first-quarter gold output up 25%

Production rose to 4,180 kg in the January-March quarter.

MARKET INDICATORS

JSE ALSI
DAX
CAC 40
Dow Jones close
S&P 500 close
Gold
Silver
Platinum
Palladium
Gold ZAR/oz
Brent Crude
USD / Euro
CAD / USD
ZAR / USD
UAD / USD

MINEWEB NEWSLETTERS


Verification Image