Rebuilding mining machines makes economic sense. When this work is carried out by the respective OEM, the rebuild can incorporate the latest parts and technology upgrades, ensuring that the equipment provides the best possible production during its...
Countries around the world are increasingly shifting from the linear extractive, consumption-based economic model that characterised the last century, to a new paradigm focused on sustainability through restorative and regenerative business...
South African platinum producers could use Sibanye Gold’s pay settlement with gold miners earlier this year as a benchmark in wage talks with labour unions, according to a person familiar with the matter. Following a five-month strike that was...
The world’s top platinum miners kicked off talks with South Africa’s unions on Tuesday in what is expected to be a tough round of wage talks, as a rise in profits is likely to provoke higher wage demands. The majority union in the platinum sector,...
On Thursday, 23 May 2019, NOSA confirmed a memorandum of understanding (MoU) with Stellenbosch University’s Water Institute (SUWI). The MoU is focused on Stellenbosch University providing assistance to NOSA, in the co-ordination, development and...
Firestone Diamonds has announced the recovery of a 54 carat intense fancy yellow, sawable diamond from its Liqhobong Mine in Lesotho. The company has said the diamond will go on sale at the next tender which is scheduled to take place during...
Royal Bafokeng Platinum has hit back at allegations of unethical conduct by its directors. The platinum miner on Thursday issued a notice to shareholders, shortly after markets closed, in response to a report by The Star that the South African...
Acacia Mining on Friday reported a 13% rise in gold reserves at the end of May for its Gokona Mine in North Mara, Tanzania, adding weight to its view that majority shareholder Barrick Gold’s buyout proposal undervalued the miner. Acacia Mining last...
The mining sector remains a critical part of the SA economy contributing, in 2017, 7% to GDP, 27% to total exports, 19% to fixed investment and providing 1,5 million direct and indirect employment opportunities, supporting more than 10 million...
