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.

July 17, 2013

Africa exploration activity set to more than halve in 2013

Only 250 drill reports for the continent over the first five months.

July 5, 2013

Gold down on US jobs data

Spot prices hit $1,222.

July 2, 2013

South Africa’s mining industry can’t afford wage talks failure: Chamber

If so they will end up destroying the country’s largest export industry as well as its credit rating, warned Tuesday the Chamber of Mines.