September 2, 2012

Lonmin set for talks amid increasing strikes in SAfrica

Striking platinum mineworkers gather for a report back on negotiations at Lonmin's Marikana mine in South Africa's North West Province.

August 31, 2012

Julius Malema’s political gold mine

Former president of the African National Congress Youth League, South African politician Julius Malema, is attempting to capitalize on the Marikana mine shootings, as he visited Gold One’s flagship Modder…

August 31, 2012

South African strikes spread, hit Gold Fields

Mining workers dissatisfaction in South Africa has now hit the country's second-largest gold producer, Gold Fields Ld. as about 12,000 employees downed tools at the KDC mine, on Johannesburg's West…

August 30, 2012

Macabre twist: Lonmin protesters who survived massacre face murder charges

Two weeks after South African police opened fire on a group of 3,000 workers and killed 34 people protesting at the platinum miner Lonmin's (LON:JSE) Marikana mine, prosecutors are bringing…

August 30, 2012

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss…

August 30, 2012

Australia pushes for expansion into African mining

Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.

August 29, 2012

Talks start after deadly Lonmin strike in S. Africa

Managers, unions and workers at the troubled platinum miner Lonmin's (LON:JSE) Marikana mine, started talks with South African government mediators on Wednesday as thousands of miners continued a strike that…

August 28, 2012

Perseus Mining reports maiden profit of $52.5 million

Gold miner Perseus Mining (ASX & TSX:PRU) reported Tuesday a maiden profit of A$52.4-million for the 12 months ended June, after the company reported its first half year of commercial…

August 28, 2012

S. Africa gold mining shares knocked by wage hike demands

South Africa's gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current collective agreements do not expire until…

August 28, 2012

Paragon Diamond gets $10 million to finish its Lesotho mine

Paragon Diamonds (LON:PRG) has signed a financing agreement for its Motete Dyke project in Lesotho, paving the way for production to start in 2013.