MINING.COM

South African unions sign deal with gold companies

The South African National Union of Mineworkers and two other unions signed Thursday a deal with industry body the Chamber of Mines (CoM), agreeing to a new pay structure for the strike-hit gold mining sector.

Cecilia Jamasmie | October 25, 2012 | 5:26 pm

AngloGold Ashanti fires 12,000 South African striking miners

AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.

Cecilia Jamasmie | October 24, 2012 | 5:03 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

Botswana Diamonds gleeful over latest exploration results

The Diamond exploration company sees its future shining bright after discovering high concentrations of minerals that could imply the presence of rough diamonds.

Cecilia Jamasmie | October 23, 2012 | 12:00 pm

Report says DRC’s Mr Grab losing friends

Kazakh miner ENRC's chairman personally flew to the DRC to "clear-the-air" with controversial Israeli dealmaker Dan Gertler.

Frik Els | October 21, 2012 | 11:20 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

DiamondCorp raising $1.6 million for Lace mine revamp

African exploration and development firm DiamondCorp PLC (LON:DCP) was full of good news on Friday, as it revealed it is raising $1.6 million from a share placing to help fund the expansion of its Lace mine in South Africa.

Cecilia Jamasmie | October 19, 2012 | 2:05 pm

Endeavour Mining closes $389 million Avion Gold acquisition

Vancouver-based Endeavour Mining (TSX:EDV, ASX:EVR) has closed the full acquisition of Toronto-based Avion Gold Corp. (TSX:AVR), in a deal originally valued at $389 million.

Cecilia Jamasmie | October 18, 2012 | 5:13 pm

First

Last

Maverix to buy most of the silver from Ascendant’s Honduran mine

Petra Diamonds shares jump on 425-carat discovery at Cullinan

Golden Star boosts Ghana gold resources despite depletion

Southern Madagascar emerging as global hub for battery-suitable graphite

South African mining charter challenge dents Ramaphosa plans

Create FREE account or log in

to receive MINING.COM digests