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