R/€ = 14.57 Change: -0.06
R/$ = 13.37 Change: -0.02
Au 1268.17 $/oz Change: 1.17
Pt 944.00 $/oz Change: -3.50


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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