R/€ = 14.88 Change: 0.00
R/$ = 12.10 Change: 0.00
Au 1335.58 $/oz Change: -5.52
Pt 927.50 $/oz Change: -4.49


AngloGold workers return to work after brief strike

By: Idéle Esterhuizen     22nd April 2013 All workers who participated in a work stoppage at Africa-focused AngloGold’s Mponeng and Moab Khotsong mines on Saturday, resumed work on Sunday evening, spokesperson Alan Fine has indicated. About 2 500 workers at the Moab Khotsong mine, 160 km southwest of Johannesburg, and all the workers at... 

Being on a mine

By: Terry Mackenzie-hoy     29th March 2013 I spent my youth on mines – in particular, on gold mines – and I have more or less seen mining operations of one kind or another every year for the last 30 years. Mines in Africa, that is. 

Sibanye to lose 9 452 oz owing to power failure

By: Creamer Media Reporter      18th March 2013 JSE- and NYSE-listed Sibanye Gold on Monday announced that its Driefontein mine had resumed output following a fire at power utility Eskom’s Midas substation last week. The fire at the substation started as a result of a lightning strike, cutting power to various gold mines in the Klerksdorp and... 

AngloGold says power cut to cost it 20 000 oz of production 

By: Creamer Media Reporter      18th March 2013 Gold miner AngloGold Ashanti on Monday warned that the fire at a substation in the West Wits region, which cut power to its Tau Tona and Mponeng operations, last week, would result in its first-quarter production being about 20 000 oz lower. State-owned power utility Eskom reported last Thursday... 

Eskom restoring power supply to parts of Gauteng, North West

By: Creamer Media Reporter      14th March 2013 Power utility Eskom was on Thursday morning still working to restore full power to the Klerksdorp and Carletonville areas following a fire at a transformer on Wednesday. Eskom spokesperson Hilary Joffe said the utility had on Wednesday night supplied sufficient power to the mines in the area,... 

Sibanye 2012 earnings up 16% year-on-year

By: Idéle Esterhuizen     1st March 2013 JSE- and NYSE-listed Sibanye Gold on Friday reported net earnings of R2.98-billion for the year ended December 31, 2012, marking a 16% increase in net earnings compared with that of the equivalent period in 2011. Material production disruptions in the latter half of the year meant that 85% of the... 

Harmony to reopen Kusasalethu, expects full output by end-June

By: Natasha Odendaal     14th February 2013 Gold producer Harmony Gold was expected to start reopening the embattled Kusasalethu gold mine on February 15 after securing union and worker commitment to comply with policies and procedures and ensure safe and orderly behaviour. The Carletonville-based mine would open in phases, and was... 

Briggs confident Kusasalethu to reach full production by June quarter

By: Idéle Esterhuizen     4th February 2013 Gold producer Harmony Gold CEO Graham Briggs was confident the company’s embattled Kusasalethu mine, near Carletonville, would be operating at full production by the end of the June quarter. “In six weeks, we could be starting to produce some ore from Kusasalethu and probably closer to the end of... 

Harmony, unions still in talks

By: Natasha Odendaal     29th January 2013 JSE-listed Harmony Gold on Tuesday said it was still in discussions with unions over the possible retrenchment of employees at the still-closed Kusasalethu gold mine, in Carletonville. South Africa’s third-largest gold producer kicked off talks with the National Union of Mineworkers, the... 

Harmony starts mandatory retrenchment consultations

By: Natasha Odendaal     18th January 2013 South Africa’s third-largest gold producer Harmony Gold on Friday said it had started discussions with unions on the retrenchment of employees at the still-closed Kusasalethu gold mine, in Carletonville. The Commission for Conciliation, Mediation and Arbitration is facilitating the Section 189... 

NWest Premier to meet Amplats

By: Sapa     17th January 2013 North West premier Thandi Modise will lead a provincial delegation on Thursday to meet Anglo American Platinum management on the proposed closure of four shafts. "Premier Modise will use the opportunity to share the concern of the provincial government regarding the consultation processes, impact... 

Resources Watch 

By: Creamer Media Reporter      17th January 2013 Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry. This week: Harmony keeps the Kusasalethu mine shut, but hopes to resume production by July. Amplats strike impacts on 2013 supply. And, the distressed... 

Strikes, safety stoppages cut Village December quarter output

By: Idéle Esterhuizen     15th January 2013 JSE-listed Village Main Reef on Tuesday reported that its gold output for the December quarter was 49 111 oz, 20% lower than the record gold production achieved during the September quarter, largely owing to the seasonal holidays, industrial action and safety-related stoppages. Village joint CEO... 

Harmony keeps Kusasalethu shut, hopes to resume production by July  

By: Natasha Odendaal     7th January 2013 South Africa’s third-largest gold producer Harmony Gold on Monday said its Kusasalethu gold mine would remain closed until it was able to operate safely and profitably. The company last week delayed the post-festive-season reopening of the Carletonville-based mine to review its financial and... 

Ten injured at Harmony mine

By: Sapa     21st December 2012 Ten mine workers were injured on Thursday in a clash with security guards and police at Harmony Gold's Kusasalethu mine in Carletonville, the company said. "The final reports from the medical station is 10 in total were injured, and two of those were due to inhalation of tear gas," said... 

Inter-union rivalry claims two lives at Harmony mine

By: Creamer Media Reporter      23rd November 2012 South African gold major Harmony Gold on Friday confirmed the death of two employees at its Kusasalethu operations, near Carletonville, following fresh clashes between rival unions. A third person was injured in the violence that erupted in the vicinity of the mine late on Thursday afternoon.  

Harmony defends hostel system as profit rises despite strike

By: Martin Creamer     7th November 2012 Harmony Gold CEO Graham Briggs put up a strong defence of hostel accommodation and the migrant labour system at question time after the company presented an excellent set of September quarter results, which saw its gold production rise 8% to 321 924 oz and operating profit rise 9% to R1.4-billion... 

Gold Fields workers return but now Village reports strike

By: Megan van Wyngaardt     6th November 2012 As the 23-day strike at Gold Fields’ KDC East mine, formerly Kloof, ended on Tuesday, a smaller South African gold-mining company said workers had downed tools at one of its mines. Village Main Reef said its Buffelsfontein mine, near Klerksdorp, was hit by an unprotected strike, which started... 

SA gold mines resume production as strikes draw to close

By: Natasha Odendaal     29th October 2012 The illegal strikes that spread throughout the South African mining sector have eased at three gold producers as workers returned and some mines resumed production. Gold Fields had already resumed full production at one strike-hit mine, with another set to follow later this week, while AngloGold... 

SA gold companies sign deal with three unions

By: Natasha Odendaal     25th October 2012 South Africa’s National Union of Mineworkers, Solidarity and UASA on Thursday agreed to a new pay structure for the gold mining sector, which was hit hard by wildcat strike action. The unions and the Chamber of Mines (CoM), representing gold producers AngloGold Ashanti, Gold Fields and Harmony,... 

Chamber of Mines set for gold sector talks

By: Sapa     24th October 2012 Gold mining companies and trade unions will meet at the Chamber of Mines on Thursday about labour turbulence in the mining sector. Three unions would attend – the National Union of Mineworkers (NUM), Solidarity and Uasa, the chamber's employment relations senior executive Elize Strydom said on... 

Harmony gives striking Kusasalethu miners ultimatum

By: Natasha Odendaal     23rd October 2012 South African gold producer Harmony Gold has become the latest mining company to issue an ultimatum to striking workers, telling 5 400 people to report for duty no later than 6:00 on Thursday or be dismissed. The JSE-listed group, which had lost about 13 000 oz in gold production since the... 

Chamber of Mines renews efforts to stabilise gold sector

By: Natasha Odendaal     19th October 2012 The Chamber of Mines (CoM) was cautiously optimistic of finding a resolution to end the wildcat strikes that recently hit South Africa’s gold sector after delivering a “tweaked” proposal to unions this week. The “slightly altered” proposal, for which the chamber expected union member feedback on... 

Gold firms to explore other options as CoM talks fail to reach settlement

By: Natasha Odendaal     15th October 2012 South Africa’s three top gold producers would now negotiate individually with unions after negotiations at the Chamber of Mines (CoM) reached an impasse on Monday. CoM employment relations senior executive Dr Elize Strydom said AngloGold Ashanti, Gold Fields and Harmony would now negotiate and... 

AngloGold reports fatality at Mponeng

By: Megan van Wyngaardt     25th September 2012 JSE-listed gold miner AngloGold Ashanti on Tuesday reported that all rock-hoisting operations at Mponeng had been halted after a fatal accident at the mine near Carletonville. The employee, a shaft timberman with 33 years’ service in the company, was inundated by a mud rush while clearing a... 

It's caution, not panic – Mantashe

By: Sapa     13th September 2012 ANC secretary general Gwede Mantashe has denied there was wide-spread panic over recent violent protests countrywide. "I'm not sure what's the difference between panic and caution. If they take cautionary measures to avoid the damage and deaths of people that have occurred now, I don't think that... 

Amplats shuts Rustenburg mines, Gold Fields strike continues 

By: Natasha Odendaal     12th September 2012 Platinum major Anglo American Platinum (Amplats) on Wednesday shut down its Rustenburg operations as labour unrest enveloped the region. The world-number one platinum producer said it had suspended operations with immediate effect for an undetermined period to protect its employees from outside... 

Malema calls for national mining strike  

By: Sapa     11th September 2012 Expelled ANC Youth League president Julius Malema called for a national strike at all mines on Tuesday until the National Union of Mineworkers (NUM) leadership steps down. "There must be a national strike at all the mines until Frans Baleni and the NUM leadership step down with immediate... 

Gold Fields KDC workers to return to work

By: Natasha Odendaal     5th September 2012 Workers at JSE-listed Gold Fields' KDC East mine, in Carletonville, agreed to end a week-long illegal strike and report for duty on Wednesday evening. The 12 000 workers affiliated with the National Union of Mineworkers (NUM) downed tools last week demanding that their branch leadership resign,... 

Worker dies at Mponeng gold mine 

By: Creamer Media Reporter      13th August 2012 Miner AngloGold Ashanti on Monday reported the death of an employee at its Mponeng mine, near Carletonville, in Gauteng. The gold miner stated that the deceased, an electrician, was electrocuted while conducting the quarterly inspection and testing of a mini substation on Sunday morning. 

Trapped worker rescued at Harmony’s Kusasalethu

By: Creamer Media Reporter      31st July 2012 Harmony Gold said on Tuesday it had successfully rescued a mineworker trapped in a rockfall incident at its Kusasalethu mine, near Carletonville. The miner was trapped after a seismic event on Monday, measuring 1.4 magnitude. 

Gold Fields reports resource, reserve estimates

By: Natasha Odendaal     23rd April 2012 South African gold miner Gold Fields has reported a 15% increase in mineral reserves at its South Deep gold mine, near Carletonville. The company stated in its 2011 Mineral Resources and Mineral Reserves guide that the mine design optimisation and inclusion of additional areas, which were not... 

Company Announcement: MDM awarded Gold One and Gold Fields Synergy scoping study

     27th March 2012 MDM Engineering Group Limited, the minerals process and project management company focused on the mining industry, is pleased to announce that it has been awarded the scoping study for the Gold One International Limited and Gold Fields Limited joint venture project. 

West Rand ‘Ergo’ steps forward as MDM awarded scoping study

By: Martin Creamer     26th March 2012 The potential for a second Ergo, this time on the West Rand, took another step forward on Monday when engineering group MDM announced that it had been awarded the scoping study contract for the Gold One/Gold Fields joint venture (JV) project. The JV’s aim is to recover nine-million ounces of... 

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