South African gold sector unions reject final wage hike offer
Friday, 07 August 2015 Zandi Shabalala in Johannesburg
The South African Chamber of Mines said on Friday all unions representing workers in the gold sector have rejected the final wage increase offer from bullion producers, setting the stage for protracted negotiations.
Monday, 15 June 2015 Gregory Mthembu-Salter in Cape Town
The dramatic fall in the gold price has exposed just how many miners did not save enough during the boom years. They are now looking to sell off non-essential assets, while new tax regimes and community activism add to their pressures.
Mining: Zambia's government irked over layoffs by Canada's First Quantum Minerals
Friday, 03 April 2015 REUTERS
The Zambian unit of Canada's First Quantum Minerals said more than 300 workers were being laid off at its Kansanshi mine, drawing a government call for redundancies to be canceled on the grounds it had not been informed as required by law.
Mining sector concerned at draft changes to Congo regulations
Tuesday, 10 February 2015 REUTERS
Mining companies said on Monday the Congolese government's suspension of negotiations with them over new regulations could jeopardise investments, and urged it to resist making big changes to the mining code.
The rise and rise of global commodity prices is over, but it's not all gloom and doom in the mining sector. What we can expect in the coming year is a geographical shift in both the African countries offering the best investment environment and the global players looking to profit.
Global miner Anglo American Plc has put some of its platinum mines in South Africa up for sale in a move by Chief Executive Mark Cutifani to dispose of underperforming assets, Britain's Sunday Times reported.
Mining: De Beers' big green machine sucks up Namibia's marine diamonds
Thursday, 19 June 2014 Wendell Roelf in Cape Town (Reuters)
Huge mud-sifting machinery and other technological advances pioneered by De Beers over the past decade have enabled it to profitably exploit the world's largest marine diamond deposits in deep waters off Namibia.
Africa output growth boosts Glencore copper output
Tuesday, 06 May 2014 REUTERS
Miner Glencore Xstrata met market forecasts with a 24 percent increase in copper production in the first quarter of 2014 mainly due to output expansion at its African operations and to higher grades at its South American mines.
Mine workers postpone strike at AngloGold's Mali mines
Monday, 10 March 2014 REUTERS
Mine workers at AngloGold Ashanti's Sadiola and Yatela gold mines in Mali have postponed the start of a planned strike for a few days to allow negotiations over redundancy payouts, a union official said on Monday.