November 09, 2023
South Africa: Dismal September Mining and Manufacturing Data Bode Ill for Third-Quarter GDP
Diamonds led the fall in mining production, with a plunge in output of 61.4% year on year in September. This comes against the backdrop of a global slump in prices and demand. Read more »
November 06, 2023
South Africa: Sibanye in Five-Year Wage Deal With AMCU and NUM
Diversified metals producer Sibanye-Stillwater said on Monday it had reached a five-year wage agreement with Amcu and NUM at its Kroondal platinum mine in North West. This is a big… Read more »
October 26, 2023
Africa: Continent Is Key Source of Minerals for Global Energy Transition - But There Are Hidden Dangers
If Africa is to successfully exploit its critical mineral endowments, it must navigate a complex geopolitical environment, manage important policy trade-offs and foster regional… Read more »
October 25, 2023
South Africa: Anglo American, Coal Producers to Be Slapped With Class Action Over Miners' Lung Diseases
In an effort to rectify mining injustices, human rights lawyers at Richard Spoor Inc have filed a class action suit against some of South Africa's biggest mining companies, on… Read more »
October 24, 2023
South Africa: 'Mr X's' Testimony At Lily Mine Inquest Paints Chilling Picture of Illegal Mining Facilitated By Employees
The findings from the Lily Mine inquest included first-hand accounts of the mine's collapse in 2016 as well as extensive allegations of illegal mining, which was allegedly… Read more »
October 23, 2023
South Africa: Gold One Mine 'Hostage' Drama Signals Possible End of NUM-AMCU Honeymoon
More than 500 National Union of Mineworkers members are allegedly being 'held hostage' at the Gold One mine on the East Rand by the rival Association of Mineworkers and… Read more »
South Africa: New Push for Coal Mine On Kruger National Park Boundary Raises Alarm
An obscure mining company has revived a rejected proposal under a new name - and Kruger management says it has been kept in the dark about an environmental impact assessment that… Read more »
October 19, 2023
South Africa: Police, Govt Department and Mine Owners 'All Contributed to Deaths' in Horror 2016 Collapse - Inquest
An inquest into the deaths of mineworkers Pretty Nkambule, Yvonne Mnisi and Solomon Nyirenda found that they probably died on the day the ground collapsed under a container at Lily… Read more »
October 09, 2023
South Africa: Crime, Corruption, Power Crisis and Logistical Deficits Mean Deep Trouble for SA's Mining Sector
Tipping over the edge will affect not only the South African, but the global economy, given the country's resources riches. And SA's metals and minerals are crucial to addressing… Read more »
October 04, 2023
South Africa: Lay-Offs in PGM Sector Are 'Inevitable' As Prices Sink and Costs Soar - Sibanye-Stillwater CEO
Sibanye-Stillwater CEO Neal Froneman has warned of 'inevitable' lay-offs in South Africa's platinum group metals (PGMs) sector in the face of prices which have collapsed from… Read more »
September 18, 2023
South Africa: Venetia Diamond Mine Suspends Operations After At Least 20 Die in a Bus and Truck Collision
De Beers' Venetia diamond mine in Limpopo has suspended operations after at least 20 people died when a truck and a bus transporting miners to work collided. Authorities are still… Read more »
September 14, 2023
South Africa: SA Mining Output Falls in July and Manufacturing Growth Slows, Signalling Fragile Start for Q3 GDP
As rolling power cuts intensified in September, data this week showed that the economy's industrial arms got off to a faltering start in the third quarter (Q3) of this year. Mining… Read more »
South Africa: Sibanye Signals 3,000 Lay-Offs At Kloof As Operational Woes Trump Sky-High Gold Prices
Sibanye-Stillwater said on Thursday it was holding mandatory consultations that could see almost 3,000 workers laid off at its Kloof 4 shaft near Westonaria, western Johannesburg.… Read more »
August 30, 2023
South Africa: Gold Fields 'Deeply Concerned' After Report Reveals Toxic Workplace Bullying, Sexual Harassment, Racism
JSE-listed Gold Fields said it was committed to stamping out the scourges of bullying, racism and sexual harassment after an independent workplace culture report revealed the scale… Read more »
South Africa: Harmony Gold's Annual Earnings Soar As Mponeng, World's Deepest Mine, Delivers
The sun may be setting on South Africa's gold industry, but 3.8km below the surface, Harmony Gold is hitting pay dirt. The company's full-year earnings soared by 60%, lifted by… Read more »
August 27, 2023
South Africa: 'Countercyclical' Northam Platinum Pays First Dividend in Over a Decade in Face of Depressed PGM Market
Northam Platinum's earnings fell sharply in the year to 30 June in the face of a sour platinum group metals (PGMs) market, which is expected to remain depressed for some time. But… Read more »
August 20, 2023
South Africa: Platinum Group Metal Sector's Woes Get Worse After Prices Plummet
A really bad week for platinum group metals and Chinese property has repercussions for SA's National Treasury. Read more »
South Africa: Application for Class Action Suit Over Lung Disease Filed Against Oxygen-Deprived Coal Sector
Richard Spoor, who spearheaded the R5bn silicosis class action settlement against South Africa's gold sector, is now targeting the coal industry over occupational lung disease. It… Read more »
August 14, 2023
South Africa: Gift of the Givers Founder Recounts Chilling Phone Calls During 2012 Marikana Strike
Gift of the Givers' founder, Imtiaz Sooliman, delivered the fourth annual keynote address on Monday to commemorate the Marikana Massacre 11 years ago. The Givers were distributing… Read more »
August 10, 2023
South Africa: Robust SA June Manufacturing, Mining Data Underscore Private Power Generation, Hold Promise for Q2 Growth
Relatively robust mining and manufacturing data for June suggest that South Africa's economy probably expanded again in the second quarter (Q2) though it's still not shooting the… Read more »
August 06, 2023
Ghana: 'Game-Changer' Obuasi Mine in Ghana Now the Jewel in Anglogold's Crown, Says CEO
One theme that has been emerging in AngloGold Ashanti's results is the improbable recovery of its Obuasi mine in Ghana, which a few years ago was overrun by an army of illegal mine… Read more »
July 25, 2023
South Africa: Kumba CEO Rails At Transnet Inefficiencies After Interim Earnings Fall
Kumba Iron Ore has once again flagged the woes of state-run logistics company Transnet as it unveiled a fall in interim earnings, a decline mostly attributable to lower prices.… Read more »
South Africa: De Beers Records First Production From New South African Underground Mine
An extremely rare, almost seismic, event just occurred in the SA mining industry - the first production has been delivered from a new mine built by an old company. Read more »
July 13, 2023
South Africa: Data Shows Mining Output Declined in May
Data on Thursday showed that output in South Africa's mining sector resumed its decline after a brief bump in April. Meanwhile, Minerals and Energy Minister Gwede Mantashe was… Read more »
July 02, 2023
Botswana: Botswana and De Beers Ink a Last-Minute, 10-Year New Deal On Diamond Sales
Botswana and diamond miner De Beers announced on Saturday they had reached an 'agreement in principle' on a new 10-year sales agreement. This came hours after the previous sales… Read more »