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Gold Fields fires 8,500 striking workers as mining companies get tough on unrest

Gold Fields (JSE:GFI) has fired 8,500 striking workers at a mine in South Africa following their failure to respond to an ultimatum to abandon the strike.

Marc Howe | October 23, 2012 | 11:41 pm

Canada’s Ivanplats closes $307 million IPO and now trades shares on the TSX

Africa-focused miner Ivanplats (TSX:IVP), founded by billionaire Robert Friedland, successfully closed Tuesday its $307-million initial public offering (IPO) on the Toronto stock exchange, issuing total equity of $504 million (Cdn$493).

Cecilia Jamasmie | October 23, 2012 | 6:53 pm

Fresh calls for Carroll’s head. Anglo CEO could be out ‘within weeks’

"There have been signals from the company that there will be change at the top – and soon."

Frik Els | October 21, 2012 | 8:59 pm

Most Gold Fields miners back to work, but KDC East strikers face final ultimatum

Almost all the 15,000 Gold Fields Ltd. (NYSE, JSE:GFI) miners at risk of being fired for going on an illegal strike reported for duty, but striking workers at the company’s KDC East operations received a final ultimatum from the company Friday.

Cecilia Jamasmie | October 19, 2012 | 3:09 pm

Platinum’s days as a catalyst may be numbered

New catalyst uses plentiful cobalt and graphene

Michael Allan McCrae | October 18, 2012 | 4:32 am

Standard and Poor’s cuts Anglo American’s outlook to negative

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects of South Africa’s mining strikes on the company's mining operations and on the wider economy.

Cecilia Jamasmie | October 17, 2012 | 1:55 pm

Gold Fields issues ultimatum to 15,000 striking miners

Gold Fields Ltd. (NYSE, JSE:GFI) said Tuesday it will dismiss all miners who fail to return to work by Thursday at its KDC West and Beatrix plants, as the company has lost over 65,000 ounces of gold production because of strikes at its South African operations.

Cecilia Jamasmie | October 16, 2012 | 6:58 pm

Ivanplats raises $305 million in biggest global IPO since Glencore

Africa-focused Canadian miner Ivanplats Ltd, founded by billionaire Robert Friedland, raised over Cdn$300 million ($305 million) in its initial public offering in Toronto on Tuesday, after selling shares at $4.75 each, on the lower end of the marketed range.

Cecilia Jamasmie | October 16, 2012 | 5:22 pm

Anglo American suffers losses of $126 million on wild cat strikes

The world's largest platinum producer has announced losses to revenue of $126 million as result of protracted labor disputes in South Africa.

Marc Howe | October 13, 2012 | 12:32 am

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Gold Fields fires 8,500 striking workers as mining companies get tough on unrest

Canada’s Ivanplats closes $307 million IPO and now trades shares on the TSX

Fresh calls for Carroll’s head. Anglo CEO could be out ‘within weeks’

Most Gold Fields miners back to work, but KDC East strikers face final ultimatum

Platinum’s days as a catalyst may be numbered

Standard and Poor’s cuts Anglo American’s outlook to negative

Gold Fields issues ultimatum to 15,000 striking miners

Ivanplats raises $305 million in biggest global IPO since Glencore

Anglo American suffers losses of $126 million on wild cat strikes

Rhodium

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Gold

USD/ozt

Silver

USD/ozt

Platinum

USD/ozt

Palladium

USD/ozt

Iridium

USD/ozt

Ruthenium

USD/ozt

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