June 24, 2015 South African gold sector to table wage offer next week The companies, which bargain collectively under the country’s Chamber of Mines, are already battling low metal prices and mounting electricity costs amid power outages.
June 24, 2015 Zambia to slash royalties, reinstate mining tax The move puts an end to a nearly nine-month standoff that has hit output and profits in Africa’s second largest copper producer.
June 23, 2015 South Africa’s gold miners begin wage talks Unions are demanding as much as double workers’ current wages.
June 23, 2015 Amplats axing over 400 jobs in South Africa Anglo American’s platinum unit cited dark outlook for the sector as main reason for the cuts.
June 23, 2015 INFOGRAPHIC: The looming copper supply crunch The market for copper is equal to approximately $120 billion each year, which rivals that of even iron ore.
June 23, 2015 Firestone Diamonds delays Lesotho mine launch Adverse weather conditions and the need to shift more earth than previously anticipated have also added $13 million to overall costs.
June 22, 2015 Biggest South Africa gold union says firms can raise pay 80% According to the National Union of Mineworkers, South Africa’s gold producers are able to afford an increase of more than 80 percent in the basic monthly pay of entry-level underground…
June 22, 2015 US regulator drops probe on Gold Fields’ South Deep BEE deal The probe focused on a 2010 deal through which the company gave a 9% of its South Deep mine to a group of black investors in order to meet government’s…
June 17, 2015 Platinum, palladium prices pounded again Palladium enters bear market and platinum hits fresh six-and-a-half year low on worries over Greek debt crisis.
June 17, 2015 INFOGRAPHIC: Every Chinese overseas investment over $100m visualized Showing over 1,250 attempted transactions, this list includes both successful and failed attempts in order to visualize the ebb and flow of Chinese investments up until mid-2014.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
