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Lonmin’s restructuring could impact 150 jobs

Recovering platinum miner Lonmin has made significant progress in its review of the company’s operating model and management structure, and is now in consultation with its unions – Association of Mineworkers and Construction Union,...

New mine for Central Rand Gold looks likely

Gold focused company Central Rand Gold has completed a scoping study on its Crown West project which has delivered positive results. The Crown West project, which will be mined in a manner similar to the companys existing mining operations, is...

Pan African Resources CEO hands over the reigns

The number of senior mining executive resignations continues to escalate and has most recently spread into the junior/medium level sector. Pan African Resources’ Jan Nelson has resigned as CEO of the company and as a member of the board of...

R15.3 billion lost to strikes and stoppages

During his 2013 budget speech, finance minister Pravin Gordhan pointed out that R15.3 billion has been lost in total mining output value in South Africa during 2012 owing to stoppages and a tense labour relations environment, which saw a wave of...

Mining companies seek certainty on tax issues

According to audit, tax and advisory services firm KPMG, South Africa’s mining industry is at a cross-road – despite the government clearly stating that nationalisation is off the table – a number of regulatory uncertainties...