August 12, 2013

Astronomers identify 12 asteroids close enough for mining

UK researchers went through a list of 9,000 near-Earth celestial bodies.

August 12, 2013

Top gold producers in SA downgraded by HSBC to ‘sell’

Lower bullion prices affecting rating of AngloGold Ashanti, Harmony Gold and Sibanye Gold.

August 12, 2013

Union leader killed at Lonmin’s Marikana mine

The victim is presumed to be the latest casualty of a deadly battle for supremacy between rival unions at the Splatinum mine

August 8, 2013

South Africa’s top gold miners ask unions to mend relations

AngloGold Ashanti and Gold Fields top executives say hostility between workers and management can only damage the long-term viability of the country’s gold mines and projects.

July 30, 2013

Fresh wave of violence strikes South African mines: eight dead

Clashes between illegal miners and an unexplained incident near Lonmin's Marikana mine fuel concerns of a new wave of violence across the mining industry.

July 29, 2013

South African gold producers declare labour dispute with miners: mediation needed

If mediation fails, employees are legally allowed to go on strike.

July 26, 2013

Anglo’s Cutifani won’t take ‘unacceptably poor’ performances any longer: heads may roll

He also cut down his executive team and said at least half of Anglo’s $17 billion project pipeline will be shelved or cancelled.

July 24, 2013

Wage talks in South Africa’s gold sector reach standstill: strike imminent

The National Union of Mineworkers (NUM) said the 1% increased offered was an insult to workers and that dispute is now going to arbitration.

July 22, 2013

Amplats swings back to profit despite strikes, restructuring

The platinum giant is, however, cutting at least 6,000 jobs.

July 18, 2013

Copper, diamonds boost Anglo’s results ahead of strategy review

Anglo American is likely to report a 31% profit drop next week, when CEO Cutifani unveils key strategy for the underperforming mining group.