Rhodium

High Court decision opens the way for up to 500,000 current and former miners to pursue a multi-million-dollar lawsuit against mining companies over respiratory diseases contracted at work.

Seven trading days in and already global mining investors are nursing double digit declines as everything from copper to met coal to silver take a beating.

Monday mayhem as metals rally evaporates and mining's top names are dumped – Anglo's losses since a week ago now 28%, Freeport has plunged 25%.

It’s home to just a half-million people, but the country is not thinking small when it comes to the future of mining.

Despite the collapse in platinum prices last year, chief executive Neal Froneman is confident that the sector has turned a corner.

It was just over a year ago that Tony Simon, President of Seguro Consulting, brought to our attention the initial problem of the zombie miners (definition referred to mining exploration companies that had negative working capital and therefore did not meet the Continuous Listing Requirements (CLR) for the TSX and TSX-V stock exchanges).

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

Full voting results will be released on Friday.

Sibanye is not exclusively looking at buying gold assets; it is also considering platinum, coal, uranium and base metals mines.