South Africa Mining News

China's nuclear war on coal

Beijing's already cut coal miners working hours by 16% and plans to eliminate 500 million tonnes of coal capacity within just 3–5 years.

Sibanye, OceanaGold join the World Gold Council

Sibanye is the largest individual producer of gold in South Africa and one of the 10 largest globally. OceanaGold is a rapidly growing multinational gold producer with assets located in the Philippines, New Zealand and the United States.

South African gold miners to appeal ruling in silicosis case

If the class action goes ahead, it will affect almost every gold mine in South Africa, including their parent companies, covering their conduct over the last 50 years.

2017 Investing in African Mining Indaba introduces significant price reduction for mining corporates

Registration fees are as much as 50% lower than last year for mining corporates

Petra finds another massive diamond at its Cullinan mine

The 121.26-carat white rock is a Type II diamond "of exceptional colour and clarity," according to Petra.

Massive Cullinan Dream blue diamond fetches over $25m at auction

Price tag makes it the most expensive fancy intense blue diamond ever sold at auction.

Diamond exports ban lifted from Central African Republic

Decision comes three years after the country’s gems were found to be funding armed groups in an inter-religious conflict and placed under embargo.

South African gold miners to appeal silicosis ruling

They will dispute the country's High Court decision last month to allow a class action suit seeking damages for up to half a million miners who contracted silicosis and tuberculosis.

Randgold’s Bristow sets off on another epic bike ride for Africa’s poor

Randgold Resources chief executive Mark Bristow is on a fund-raising motorbike safari, which will take him from east to west across mid-Africa.

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.