Village Main Reef: Workers return to Blyvoor mine

Village Main Reef Gold Mining Co. said today that striking workers at its Blyvoor mine have returned to work after having accepted a wage increase proposal from the company's management.

BrightWire News | October 17, 2012 | 4:30 pm

North West province family says Implats owes millions due to unfair use of land

A family in South Africa's North West province is seeking millions of rand in damages from Impala Platinum (Implats), claiming that the company has used its land for 36 years with zero compensation.

BrightWire News | October 17, 2012 | 4:24 pm

Polymetal likely to cut 2013 capex by 16%, expects reserves upgrade

Polymetal International is likely to cut its capital expenditure by 16% in 2013 to USD 210 million-USD 250 million, provided no new assets will be purchased by the company, Polymetal's CEO Vitaly Nesis said in an interview.

BrightWire News | October 17, 2012 | 2:02 pm

Gold Fields still trying to get workers to disarm, strike continues

Gold Fields spokesman Sven Lunsche said today that the disarming of striking workers at the company's KDC West mine is a solid step toward avoiding the need to evict workers from their hostels.

BrightWire News | October 5, 2012 | 6:49 pm

Gold One Int’l suspends 14,000 striking workers

South Africa's Gold One International Ltd. yesterday suspended 14,000 workers on strike at the company's Cooke 4 shaft in Ezulwini on the West Rand.

BrightWire News | October 5, 2012 | 6:37 pm

Harmony Gold: Kusasalethu mine still closed as workers barricade entrance

Harmony Gold Mining Co. said yesterday that workers barricaded the entrance to its Kusasalethu mine on the West Rand keeping mine operations shuttered.

BrightWire News | October 5, 2012 | 6:32 pm

South African Chamber of Mines denies early negotiation claims

South Africa's Chamber of Mines yesterday denied claims that it is launching wage negotiations with mining officials ahead of schedule.

BrightWire News | October 5, 2012 | 6:26 pm

Newmont plans job cuts in Indonesia as production lags

Newmont cut its 2012 production target forecast for its Batu Hijau Indonesian mine from 114,000 ounces of gold and 192 million pounds of copper to 71,000 ounces of gold and 170.6 million pounds of copper.

BrightWire News | September 28, 2012 | 8:56 pm

Inner Mongolia Rare-Earth to participate in asset reorganization between Ganzhou Chenguang, Sunyoung

Inner Mongolia Rare-Earth announced on September 27 that the company will participate in the material assets reorganization between Ganzhou Chenguang Rare Earths New Material Shares CO., Ltd. and Sunyoung Properties Co., Ltd.

BrightWire News | September 28, 2012 | 7:53 pm

Norilsk Nickel approves capex cuts for 2012

MMC Norilsk Nickel has announced that the company’s board of directors has approved a reduction in investment expenditure for 2012, as proposed by the management.

BrightWire News | September 28, 2012 | 7:51 pm

BHP Billiton Limited awards Macmahon Holdings Ltd. AUD 200 million Olympic Dam contract extension

BHP Billiton Limited has awarded Macmahon Holdings Ltd. a three-year extension of its Underground Development Services (UDS) contract covering the company's Olympic Dam project in South Australia.

BrightWire News | September 28, 2012 | 7:47 pm

Russia boosts titanium and magnesium production

According to Russia's federal statistics agency, the country's output of raw titanium rose by 31.8% during the first eight months of 2012.

BrightWire News | September 28, 2012 | 7:41 pm

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