NUM: wildcat strikes politically motivated, sustained through violence

According to BDlive, the National Union of Mineworkers (NUM) has spent R1m of its own funds on a campaign to end wildcat mining strikes which have cost the economy billions of rand in lost revenue and taxes, damaged the image of the country and eroded the membership base of one of the world's largest unions. Read more >>

Gold Fields workers want R18,500 a month

Representatives of striking AngloGold Ashanti workers will meet with unions next week to discuss their wage demands‚ workers were told outside Fochville on Friday. Read more >>

Kumba suspends production at Sishen

Kumba Iron Ore has suspended production at Sishen Mine where about 300 striking employees are blocking access to the pit. Read more >>

Amplats fires miners and share price falls

Anglo American Platinum said disciplinary hearings for striking Rustenburg mine employees have been completed and affected employees will be informed of the outcome of the hearings today‚ but around 12‚000 striking employees who chose not to make representations‚ nor attend the hearings‚ have been dismissed in their absence. Read more >>

AngloGold threatens 'down-sizing' if strike continues

Top gold producer AngloGold Ashanti warned on Monday that further strikes at its South African mines may result in "premature downsizing," raising the stakes in a high profile stand-off with workers. Read more >>

Mines could shed 200 000 jobs

[Ntsakisi Maswanganyi] The mining sector in South Africa is expected to shed 200‚000 jobs over the next 10 years mainly due to high wage settlements and labour unrest‚ Loane Sharp‚ labour economist at employment services group Adcorp‚ said on Wednesday, 10 October 2012. Read more >>

Areva puts the brakes on its Namibian mine

WINDHOEK: Energy giant Areva said on Thursday, 11 October 2012, it is suspending work at a new Namibian uranium mine currently under construction because of the low uranium prices. Read more >>

Kumba strike: negotiations over safety

Kumba Iron Ore will not negotiate on wages‚ only on safety‚ spokesman Gert Schoeman said on Thursday as the mine concluded a wage settlement with its recognised unions just two months. Read more >>

Bench Marks Foundation blames government for Marikana killings

As strikes in mining communities throughout South Africa continue, the unhappiness that was so apparent during the Marikana strike will not go away until the root causes of discontent is addressed, says the Bench Marks Foundation. Read more >>

Clear Asset holds successful online mining auction

Following industry demand and international trends, an online mining auction was held recently comprising of stock from mining giants Anglo American Platinum, Lonmin and Diesel Power. The auction, which attracted buyers from as far as the UK, USA and Australia, produced exceptional results showing a renewed interest in the sector. Read more >>

De Beers taps new chairman, ending long dynasty

JOHANNESBURG: The world's leading diamond company De Beers appointed Anglo-American CEO Cynthia Carroll as its new chairman Wednesday, spelling the symbolic end of one of the corporate world's longest-running dynasties. Read more >>