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Glencore subsidiary Optimum to shut mines, shed 600 jobs

By: Natalie Greve After warning in January of the possible closure of several of its opencast coal operations, coal processing plants and associated support services, Glencore subsidiary Optimum Coal Mines on Thursday announced that it would proceed with the placing of some of its operations on care and... 

Glencore subsidiary Optimum to shut mines, shed 600 jobs

Work with govt to simplify mining policy – Rossouw

By: Martin Creamer The time had come for the private sector to start making it clear that it wished to work with government to simplify mining policy and collaborate towards less regulation and greater implementation. “Step up and get involved in providing meaningful information and honest comment,” thought leader... 

Work with govt to simplify mining policy – Rossouw
Photo by Daune Daws
Mike Rossouw

HDS plant upgrades to be completed this year – CRG

By: Megan van Wyngaardt A final upgrade to the high-density sludge (HDS) water treatment plant at Central Rand Gold’s (CRG’s) operations would be completed this year. In a statement outlining its results for the year ended December 2014, the company noted that, although the HDS plant, which started operating in May... 

HDS plant upgrades to be completed this year – CRG

Gold wage talks to resume on July 6

By: Creamer Media Reporter The second three-day session of wage negotiations between gold companies AngloGold Ashanti, Evander Gold Mines, Harmony Gold, Sibanye Gold and Village Main Reef and unions, the Association of Mineworkers and Construction Union (AMCU), the National Union of Mineworkers (NUM), Solidarity and UASA... 

Edenville submits Rukwa mining licence application

By: Creamer Media Reporter Aim-listed coal mine and energy project developer Edenville Energy has submitted all elements of the mining licence application for its Rukwa coal project to the Tanzania Ministry of Energy and Minerals. The project had 171-million tons of coal in the measured and indicated categories, which the... 

Atlatsa in talks with Amplats over Bokoni mine, financial support

By: Creamer Media Reporter Triple-listed platinum miner Atlatsa Resources on Wednesday said it was in talks with platinum major Anglo American Platinum (Amplats) regarding the future sustainability of the Bokoni mine, in Polokwane, as well as potential alternative financial support for the company. This followed after some... 

Thomas steps in as Weatherly CEO

By: Creamer Media Reporter Craig Thomas has stepped into the role of CEO of Namibia-focused copper miner Weatherly International, following the retirement of Rod Webster. Webster would continue to serve as a director of the company. 

S Africa's platinum sector faces crunch time as prices slide

By: Reuters South Africa's platinum sector is at a crucial juncture as the metal's price, near six-year lows, maintains a steady decline, with analysts now contemplating a move below $1 000/oz. Platinum has fallen nearly 10% so far this year, and at current prices of less than $1 100/oz, many shafts in the... 

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