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Andre Janse van Vuuren

Toronto diamond firm mulls JSE listing

Toronto-listed Afri-Can Diamonds, which digs for diamonds off Namibia’s coastline, is considering a secondary listing in Johannesburg.

West Rand Ergo one step closer

Posting an otherwise dire quarterly update on operations, Gold One International says the scoping study of a proposed surface venture has shown promising results.

Battle weary Lonmin slashes capex further

Lonmin has reined in capital expenditure for the next two years by another 23% as the company seeks to map its way forward following the events at Marikana.

Lonmin seeks $800m in rights issue

UPDATED: Lonmin has proposed a rights issue of $800m, likely to take place before the end of the year, as part of a strategy to refinance its balance sheet.

Talks on platinum forum lose momentum

Negotiatons on the establishment of a central bargaining platform for the platinum sector is losing momentum, says a union official, while Amcu refuses to return to talks.

Anglo seeks new CEO as Carroll goes

Anglo American chairman John Parker will start a process to recruit a successor for CEO Cynthina Carroll.

Unions push for coal sector wage talks

Employees in the coal sector may soon stand to benefit from wage increases based on job grade adjustments, similar to those afforded to striking workers in the gold sector.

Amplats slashes capex further

Anglo American Platinum has further reduced its planned capital expenditure for 2012 and expects unit costs to outstrip most of its margins.

Amsa in new battle with different regulator

ArcelorMittal SA is bracing itself for yet another legal skirmish with regulatory authorities, this time for allegedly breaching conditions attached to an air emission licence.

Dark days on the horizon for SA mining

A research report by financial services firm JPMorgan Cazenove predicts sporadic strikes in South Africa’s mining industry may carry on for up to a year.

AngloGold issues strike ultimatum

AngloGold Ashanti has finally issued its striking workforce an ultimatum to return to work, close to a month after all its SA operations were brought to a standstill.

AEMFC readies for second mine as losses mount

South Africa’s state-owned miner, African Exploration Mining and Finance Corporation, says it has met all its operational targets of 2012.

Blyvoor, Beatrix back in business

Striking employees at Village Main Reef’s marginal Blyvooruitzicht mine have returned to work following their acceptance of a wage hike proposal.

Hope at Beatrix as Gold Fields issues ultimatum

Striking workers have started to return to Gold Fields’ Beatrix mine in the Free State, the company says, recording attendance levels in excess of 80% at some shafts.

Gold wage talks fail, retrenchments likely

Striking mineworkers and their employers in the gold sector are seemingly further apart than ever as formal wage discussions collapse.

Some damage already permanent – Holland

Some of the damage caused by the spate of strikes across the mining industry is already permanent, warns Gold Fields CEO Nick Holland.

Grades, tremors add to Blyvoor’s woes

A striking workforce is not the only challenge Village Main Reef faces at its recently acquired Blyvoor mine.

Gold miners offer lifeline in wage talks

The Chamber of Mines has agreed to give striking workers in the gold industry more time to consider employers’ wage increase proposals.

Gold wage offer to test NUM’s potency

The National Union of Mineworkers will be desperate to regain some lost credibility when it presents the Chamber of Mines’ new wage offer to striking workers in the gold sector.

New wage offer comes with ultimatum

Employers in the gold mining sector have tabled new wage hike proposals, but the offer is conditional on all striking employees returning to work by Thursday evening.