MINING.COM

Northam Platinum and South Africa’s NUM union sign 3-year wage deal

South Africa's National Union of Mineworkers (NUM) signs three-year wage deal with platinum producer Northam Platinum that secures wage hikes of more than double the inflation rate for its members.

Reuters | October 2, 2018 | 10:57 am

South Africa’s mining industry growth hindered by precious metals performance — PwC

Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.

Cecilia Jamasmie | October 2, 2018 | 10:00 am

South Africa’s latest mining charter: what’s new and who wins

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

Bloomberg News | October 2, 2018 | 9:46 am

Sibanye -Stillwater, Lonmin still committed to merger after competition watchdog decision

Sibanye and Lonmin said in a joint statement they remained fully committed to the deal, which is expected to close by the end of the year.

Reuters | September 18, 2018 | 11:41 am

South Africa imposes tough conditions on Sibanye-Lonmin deal

The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.

Cecilia Jamasmie | September 17, 2018 | 9:25 am

How Anglo quietly built a commodity trader in Glencore’s shadow

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

Bloomberg News | September 16, 2018 | 7:46 am

Top platinum mines keep digging even as price at decade low

Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount.

Bloomberg News | September 15, 2018 | 1:33 pm

South Africa’s Implats CEO confident of funding during restructuring

Implats is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss.

Reuters | September 13, 2018 | 10:34 am

Russia’s Potanin returns 2 pct in Norilsk Nickel to Abramovich -sources

The original sale of the stake was disputed in a London court by aluminium producer Rusal, which owns a stake in Nornickel.

Reuters | September 10, 2018 | 11:42 am

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Russia’s Nornickel to spend $1.4B on two expansion projects

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