Tag: south africa mining news
Hunt for palladium sends SA miners abroad
JOHANNESBURG. — Southern Africa is home to the world’s richest platinum deposits, but when Impala Platinum Holdings pondered how to invest its windfall profits...
Sibanye says platinum mine shaft shut until official probe
Sibanye Gold Ltd. was ordered to shut down the shaft at its Rustenburg platinum mine where 1,800 workers were trapped for as long as...
1,800 workers trapped underground in South Africa mine
About 1,800 workers are trapped at a Sibanye Gold platinum mine in South Africa after an accident halted operation of a shaft used to...
Activists slam South Africa decision to pump water to coal mines
South African environmental groups have challenged the government’s decision to grant permission for a water project which aims to supply developments for its future...
South Africa’s firebrand mine unionist is headed for a showdown
One of the most polarizing figures in South African mining, union leader Joseph Mathunjwa, has never hesitated to go head-to-head with powerful CEOs. Now...
Illegal miner suffers amputation of legs in freak accident
An alleged illegal miner had both his legs amputated by a digger in the City Deep area of Johannesburg on Sunday morning, paramedics said.“The...
Africa’s Sibanye-Stillwater lowers valuation for miner Lonmin
South Africa's Sibanye-Stillwater on Thursday revised its offer for Lonmin, with new terms that gave a valuation for the struggling platinum miner that was...
Petra Diamonds on a roll after another major find at Cullinan
South Africa’s Petra Diamonds has found yet another big rock at its iconic Cullinan mine, the third coloured diamond over 100-carats since March that has...
Anti-mining activists in South Africa face harassment, death — report
Community activists who oppose mining projects in South Africa live in constant fear as they are often harassed, threatened and sometimes killed, a group...
South African gold output has longest losing streak since 2009
South African gold production shrank for a 17th straight month in February, the longest string of contractions since the financial crisis.Gold output fell 21...
Sibanye raises more cash with $125m Citi prepayment
Sibanye Gold Ltd. raised $125 million by selling future gold production, the second major step by the company this week to build up cash...
World’s biggest platinum miner braces for tough wage talks
The world’s biggest platinum producer is preparing for tough wage negotiations as higher metal prices spur labor union demands.Talks over a new three-year industry...