South Africa’s Solidarity union to agree wage deal with Eskom
South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom.
Latest Stories
Lakes, rivers near abandoned mine sites likely source of antibiotics
Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.
World’s biggest miners want more copper but nobody’s selling
Nobody who owns a copper mine wants to give it up. Even when Glencore and Anglo American Plc were crippled by debt during the 2015 commodity slump, neither was willing to entertain an offer from Rio for their holdings in the giant Collahuasi deposit in Chile.
LME to launch monthly ‘implied pricing’ for base metals
Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
South Africa’s Amplats, PIC create venture fund to lift PGM industrial demand
The world's no. 1 platinum producer has spun off an internal fund and invested $100 million in a new venture capital fund
Nevsun passes on Lundin’s $1.4 billion fresh takeover bid
The base metals producer said that, while it has not yet received a formal offer from Lundin, the bid announced Monday the bid ignores the fundamental value of the company and its assets.
Rio Tinto posts jump in iron ore output, flags stronger 2018
Rio said it expected iron ore shipments for the year to be at the upper end of its range of 330 million to 340 million tonnes, thanks to productivity improvements and fewer weather-related disruptions compared to Q2 2017.
How mining tycoons are trying to foil a big UK bribery probe
The case will undoubtedly frustrate attempts to bring criminal charges against them and drag out proceedings for months, if not years.
