Anglo American Platinum accepts an offer from Royal Bafokeng Platinum to purchase its 33% interest in the BRPM joint venture
06 July 2018
Rustenburg – Anglo American Platinum confirmed that its wholly-owned subsidiary, Rustenburg Platinum Mines Limited (RPM) has accepted an offer from Royal Bafokeng Platinum Limited (RBPlat) to purchase its 33% interest in the Bafokeng Rasimone Platinum Mine joint venture (BRPM JV) for a total purchase consideration of R1.863 billion (approximately US$135 million).
Mining & Industry News
Fatality at Khomanani Driefontein
06 July 2018
Carletonville – Sibanye-Stillwater has recently experienced a significant increase in safety incidents at its Southern African operations, with 20 employees losing their lives in nine incidents since February 2018.
Mining & Industry News
Mining charter, 5% free interest of shareholding?
22 June 2018
Trade union Solidarity is concerned with certain sections of the Minerals Council of South Africa (formerly the Chamber of Mines)’s revised mining charter, specifically those sections dealing with new cost items that have been built into the new charter, and more specifically, the 5% free carried interest when it comes to shareholding by employees and mining communities.
Mining & Industry News
Solidarity tackles SA steel crisis
08 June 2018
Trade union Solidarity on Tuesday, 5 June, launched a comprehensive campaign to counter US steel tariffs. Solidarity also announced that 7,500 jobs in South Africa could be affected by it.
Mining & Industry News
Around 2,000 AngloGold Ashanti workers facing retrenchment
01 June 2018
Trade union Solidarity confirmed that it had received a retrenchment notice from mining company AngloGold Ashanti (AGA).
Mining & Industry News
Lonmin retrenchment carnage
18 May 2018
Trade union Solidarity on Tuesday, 15 May, said that it is dismayed by the retrenchment crisis Lonmin currently faces. However, the trade union is positive that if Sibanye-Stillwater succeeds in buying Lonmin, it could offer a favourable outcome for the platinum giant, creating new job opportunities which hopefully will stem or limit Lonmin’s currently envisaged retrenchments over a period of three years.
Mining & Industry News
