South Africa Mining News

Sibanye’s platinum mine workers begin indefinite strike

The company will seek a court order to stop the strike, which is already affecting output.

No waste, no fuss for the mining industry

Mining companies are required, by law, to have abatement plans in place to deal with all kinds of waste.

South African miners to pay 67% of acid drainage clean-up costs

The government will pay for two-thirds of the cost by collecting money from mining companies through a new environmental levy.

Ivanhoe Mines condemns promotion of false and dishonest claims by Mining Watch Canada

The Canadian miner strongly refutes accusations of human rights abuses and illegal operations at its South African project made by the NGO.

South Africa chamber of mines says half of members in the red

Group represents the country's largest mining companies, including AngloGold Ashanti, Sibanye Gold and Impala Platinum Holdings.

South African mining production plummets 18%

Not a good time to be a miner in South Africa.

South Africa allows biggest ever class action against gold giants to go ahead

High Court decision opens the way for up to 500,000 current and former miners to pursue a multi-million-dollar lawsuit against mining companies over respiratory diseases contracted at work.

Sibanye Gold wants more platinum assets, but also eying base metals, coal, uranium

Despite the collapse in platinum prices last year, chief executive Neal Froneman is confident that the sector has turned a corner.

Along South Africa's east coast, locals take on mining industry

A 14-mile stretch of sand dunes along South Africa's breathtaking east coast is the battleground between big mining interests and the local community.

Operational ‘wrinkles’ take shine off Randgold’s results

The miner slid the most in four years after reporting first-quarter gold production fell 11% due to operational problems at Kibali and Tongon mines.

Metso to provide crushing-screening plant and life cycle services to Tata Steel's Sedibeng iron ore mine in South Africa

The delivery includes a five-year Life Cycle Services contract, which will bring Sedibeng increased production capacity and reliability while reducing production costs.

Anglo shareholders revolt against Cutifani’s $4.9 million pay

Full voting results will be released on Friday.

Sibanye to invest $250 million in its gold mines, keeps shopping for new assets

Sibanye is not exclusively looking at buying gold assets; it is also considering platinum, coal, uranium and base metals mines.

Five illegal miners die in blasting accident at South African gold mine

Five people have died in a blast during illegal mining activities at the Klipwal Mine in KwaZulu-Natal, the mining company announced on Sunday.

Glencore’s Optimum coal now in hands of S. African’s President family

Tegeta Exploration & Resources Ltd., controlled by the Gupta family and South African President Jacob Zuma’s son, is the new owner of optimum coal.

NYU graduates seeking $11bn of gold in closed S. African mine

The 77-year-old mine contains gold resource of 9 million ounces.

Striking coal workers arrested after violent raid at Glencore's South African mine

Production at the Wonderfontein coal mine has been halted for three weeks after members of AMCU decided to down tools in March.

Ghana grants Gold Fields tax rate cut as firm mulls Damang mine faith

The firm has not yet decided whether to inject more cash into Damang or suspend operations.

Aussie mining CEO accused of inciting violence as cops probe activist's murder

The Bench Marks Foundation has accused the CEO of Mineral Resources Commodities (MRC) of inciting violence in an area where an anti-mining activist was murdered last week.

Petra Diamonds just sold this ‘exceptional pink’ gem for $15m

The 32.33-carats diamond was recovered in November from the firm’s Williamson mine in Tanzania.

Top 5 iron ore firms value shoots up $62bn in just five weeks

Riding a rocketing iron ore price, market cap of Vale, Rio Tinto, BHP Billiton, Fortescue Metals and Anglo American gain a combined 54% since early February.

South32 looking for assets despite $1.75bn loss, massive layoffs

Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.

Petra Diamonds swings to loss as sales, prices dropped

The company remains upbeat and expects a better performance in the second half, driven by a recovery in diamond prices.

AngloGold Ashanti digs itself out of debt

The world’s third-largest gold producer returned to profit in the fourth quarter, did not manage to avert posting a net loss for 2015.

South32 in talks with Anglo American to buy manganese unit

The spin-out from BHP Billiton says it is willing to take on the manganese ore venture if the price is right.