December 1, 2013

Zimbabwe’s diamond mineworkers want 250% pay hike

Platinum sector workers will be happy with 208%, while gold miners seek a 150% wage increase. Industry is offering 0.6%.

November 26, 2013

Anglo Platinum unionized miners postpone vote on strike until 2014

Amplats' main union obtained permission for a legal strike two weeks ago, after exhausting mediation procedures.

November 26, 2013

South Africa’s growth hits four-year low due to strikes

The country’s gross domestic product expanded at an annualized rate of 0.7% in the period, down sharply from the 3.2% in the second quarter.

November 21, 2013

Asteroid miners go after most precious resource: water

Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.

November 13, 2013

Glencore Xstrata starts trading in South Africa, poised to sell Lonmin stake

The miner and trading house ranks now among the top three on the JSE in terms of market capitalization.

November 12, 2013

Platinum giant Lonmin returns to profit after stormy year

World's third largest platinum producer posted best output in six years.

November 7, 2013

Chinese said to eye Ivanhoe Mines stake

Robert Friedland's African projects capture the interests of China National Gold after state-owned firm said no to African Barrick.

November 7, 2013

South African lawmakers postpone changes to mining, oil ruling

Parliament to sleep on proposed reforms.

November 6, 2013

Leonard Melman: Put your trust in precious metals, not governments

Continued fiscal stimulus, high debt levels and loss of confidence in governments will lead to the return of big inflation and a consequent big run-up in precious and other metals.

November 6, 2013

South African ex-union official shot dead in Marikana

The man, ambushed outside his home in the mining town of Mooinooi, became the fourth person with ties to the NUM murdered in the platinum belt region in the past…