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Oral hearings in TriMetals Mining’s intl arbitration against Bolivia confirmed for July next year

By: Henry Lazenby     Updated 12 minutes ago TSX-listed TriMetals Mining, formerly South American Silver, would get it’s day in court in July next year, a little later than the previously expected May 2016 date, as it pursued its international arbitration claim against Bolivia. TriMetals on Monday said that after concluding consultation... 

Steelworkers ratify 5 yr deal with Vale

By: Henry Lazenby     Updated 57 minutes ago United Steelworkers (USW) members in Sudbury and Port Colborne, Ontario, had approved a five-year collective agreement with mining giant Vale. The union late on Friday announced that the new contract had been ratified by 76.7% of USW Local 6500 members, in Sudbury, and 87% of USW Local 6200... 

HudBay reports Manitoba strike action

By: Henry Lazenby     Updated 6 hours ago Members of the International Association of Machinists and Aerospace Workers (IAM) had downed tools at base metals miner HudBay Minerals’s Manitoba operations. The TSX- and NYSE-listed miner reported that 180 members of union Local No 1848 began a strike at noon on Saturday. 

Black interests opting out of once-mighty ferrochrome business

By: Martin Creamer     Updated 7 hours ago Black South African interests are giving South Africa’s once-mighty ferrochrome business the cold shoulder. The value-adding pursuit, which puts six times more value into chrome and generates three times more jobs than mere raw chrome exportation, was last week ditched by Royal Bafokeng Holdings,... 

Black interests opting out of once-mighty ferrochrome business
Photo by Duane Daws
Ferrochrome produced in South Africa.

Metmar share price rises 12% after buyout news

By: Natasha Odendaal     Updated 7 hours ago Following its announcement late on Thursday of a pending buyout by an international firm, shares in JSE-listed Metmar on Monday rose more than 12% to over 100c by late afternoon. Physical commodity trader and metals and natural resources merchant Traxys aimed to buy 100% of the African... 

SA boasts world’s ninth-largest recoverable coal reserves – US report

By: Natalie Greve Validating the South African government’s policy decision to retain coal as a central bastion of its diversified energy mix, a recent report by the US Energy Information Administration (EIA) has affirmed the extent of the country’s coal deposits, noting that the Southern African country holds the... 

SA boasts world’s ninth-largest recoverable coal reserves – US report

BHP's South32 risks tough market debut, M&A talk swirls

By: Reuters BHP Billiton's shareholders are expected to approve the biggest ever spin-off in the mining industry on Wednesday, seeking to wring more value out of a string of long-neglected aluminium, manganese, silver and nickel assets. But the new company, South32, risks a tough May 18 debut on the... 

Operational glitches dent Sibanye’s Q1 output as it readies for wage talk season

By: Natalie Greve The cumulative effect of several isolated operational incidents, coupled with a slow start-up of operations following the December holiday period, has narrowed Sibanye Gold’s production for the quarter ended March 31, by 5%, dragging gold output down from 332 400 oz in the first three months of... 

Operational glitches dent Sibanye’s Q1 output as it readies for wage talk season
Neal Froneman


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