MINING.COM

Ruling party aligned union losing grip on South Africa mining

NUM's diminishing influence – blamed in part on its political affiliations and its perceived closeness to big business – is most striking at Impala Platinum's Rustenberg mine where its enrollment has dropped to 13% from 70% before.

Frik Els | October 8, 2012 | 8:18 pm

Aquarius Platinum dives upon CEO’s sudden departure

Shares in Aquarius Platinum have plunged in the wake of the sudden departure of its CEO Stuart Murray.

Marc Howe | October 8, 2012 | 9:59 am

Anglo American Platinum fires 12,000 workers

Anglo American Platinum, the world's largest platinum producer, has fired 12,000 workers taking part in a three-week illegal strike after following through on tough talk over wildcat stoppages in South African mines.

Cecilia Jamasmie | October 5, 2012 | 3:00 pm

Gold mining to drive Burkina Faso’s growth but companies at risk

The West African nation of Burkina Faso is forecasting its gold industry will boost growth next year, but the latest report from UK-based think-tank Exclusive Analysis, warns of increasing risks of kidnap and collateral harm by Islamist groups spreading from northern Mali.

Cecilia Jamasmie | October 5, 2012 | 12:58 pm

West Africa could become the next iron ore hot spot

West Africa could become the next hot spot for iron ore due to its untapped bounty of the key steel-making ingredient.

Marc Howe | October 5, 2012 | 2:02 am

AngloGold Ashanti faces health-related negligence charges

Thirty-one former South Africa’s AngloGold Ashanti (NYSE:AU) miners are taking the company to court, accusing its executives of health-related negligence.

Cecilia Jamasmie | October 4, 2012 | 4:00 pm

Shanghai PE firm makes $850 million bid for Discovery Metals

A Shanghai-based private equity firm is pursuing a USD$847 million takeover bid for Botswana-focused Discovery Metals (ASX:DML).

Marc Howe | October 4, 2012 | 7:01 am

South Africa’s wildcat strikes reach Harmony Gold

South Africa's third-largest gold producer after AngloGold and Gold Fields Ltd., Harmony Gold Ltd. (JSE:HAR), said Wednesday that workers at its Kusasalethu mine embarked on a strike.

Cecilia Jamasmie | October 3, 2012 | 5:44 pm

South African strikes spread to iron ore

75,000 miners, or 15% of the sector's workers in South Africa, are now on wildcat strikes.

Frik Els | October 3, 2012 | 2:20 pm

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