MiningWeekly.com Audio Articles

NUM to march this week over Richards Bay Minerals unrest . The National Union of Mineworkers (NUM) has bemoaned the unresolved road blockages in the area of KwaMbonambi, which the union says had resulted in the Richards Bay Minerals (RBM) mine being put under ...

Elandsfontein water-use licence appeal hearing starts . A Water Tribunal hearing into an appeal against the granting of an integrated water-use licence for Aim-listed emerging African phosphate producer Kropz’s 74%-owned Elandsfontein project, in the Wester...

Mining companies resuming operations after Stage 6 load-shedding impact . JSE-listed Harmony Gold has resumed shifts at its nine South African underground gold mines from Tuesday afternoon, after power utility Eskom had returned to lower stages of load-shedding.

London-lis...

Teranga targets synergies as it buys Barrick's Massawa project for $430m . NYSE- and TSX-listed Barrick Gold Corporation and its Senegalese joint venture partner Compagnie Sénégalaise de Transports Transatlantiques Afrique de l’Ouest will sell their 90% interest in the Mass...

Anglo revises its production guidance for diamonds, iron-ore, coal lower . Global diversified miner Anglo American on Tuesday released its updated production guidance for the next three years, with diamonds and iron-ore revised lower.

The company, through its diamond subsid...

Afarak warns of retrenchments at South African subsidiaries . Specialist alloy producer Afarak has said two of its South African subsidiaries – Afarak Mogale and Ilitha Mining – might retrench some employees.

The subsidiaries have issued a notice, in terms of S...

Load-shedding raises risk of another South African recession . South Africa’s flagging economy could face a second recession in as many years due to a new wave of nationwide power cuts.

Eskom Holdings, the State-owned power utility seen by Goldman Sachs Group as...

New mining waste dam rules should not be retroactive, says review chief . JOHANNESBURG – New global standards for mining waste dams should take into account the difficulties of making existing dams compliant, the chair of an independent panel of experts crafting the new rule...

Glencore investors to sue for billions over probes, Boies says . LONDON – Institutional investors in Glencore will sue the world’s biggest commodities trader for share price declines from bribery investigations in the US, the UK and Canada, a law firm representing t...

UK prosecutors’ Glencore probe is perfect retort to critics . LONDON – First UK authorities were investigating Glencore, and then they weren’t. On Thursday, the Serious Fraud Office jumped back in, saying it had opened a bribery probe into the mining company and ...