South African prosecutors have temporarily withdrawn murder charges against the 270 miners accused Thursday of killing 34 striking colleagues shot dead by police at the platinum miner Lonmin's (LON:JSE) Marikana mine, but warned they could be recharged when inquiries were complete.
Mining workers dissatisfaction in South Africa has now hit the country's second-largest gold producer, Gold Fields Ld. as about 12,000 employees downed tools at the KDC mine, on Johannesburg's West Rand.
Two weeks after South African police opened fire on a group of 3,000 workers and killed 34 people protesting at the platinum miner Lonmin's (LON:JSE) Marikana mine, prosecutors are bringing murder charges against a unexpected group of suspects: the miners themselves.
Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.
Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.
Managers, unions and workers at the troubled platinum miner Lonmin's (LON:JSE) Marikana mine, started talks with South African government mediators on Wednesday as thousands of miners continued a strike that has left 44 dead.
Gold miner Perseus Mining (ASX & TSX:PRU) reported Tuesday a maiden profit of A$52.4-million for the 12 months ended June, after the company reported its first half year of commercial production.
South Africa's gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current collective agreements do not expire until the middle of next year, the country's chamber of mines said.