Mantashe acknowledges power inflation hurting metals industry
SOUTH Africa cannot build a downstream metals industry until the problem of high electricity prices is resolved, mines minister Gwede Mantashe said in an address to Parliament on…
10 years later, Lily Mine disaster victims still waiting closure
ON Thursday South Africa commemorated 10 years since the tragic collapse of Lily Mine on the fateful morning of February 5 2016. For the past 3,653 days, each passing day has…
SA throws lifeline to ferrochrome producers
SOUTH Africa has loosened antitrust regulations to allow companies in sectors crippled by soaring electricity costs to jointly negotiate cheaper power supplies, a move aimed at…
Sibanye-Stillwater signs wage deal with gold miners
SIBANYE-Stillwater said on Tuesday it had signed a three year wage deal with all represented unions for employees on its gold mines. The agreement is for a basic wage increase…
Time running out to save Glencore Merafe ferrochrome
MERAFE Resources said it planned to retrench staff at its Wonderkop and Boshoek ferrochrome smelters on December 8 after Eskom’s proposal for an improved electricity tariff…
Geopolitics at the G20 and what it means for SA’s juniors
A statement from the Junior Mining Council (JMC) WITH the G20 Leaders’ Summit taking place in Johannesburg on 22–23 November 2025, South Africa is hosting the world at a pivotal…
Glencore-Merafe starts retrenchments at ferrochrome smelters
RETRENCHMENTS will commence at the idled Wonderkop and Boeshoek smelters in South Africa, operated by the Glencore-Merafe Chrome Venture. Some employees at Glencore’s Alloys…
NUM refers Sibanye-Stillwater gold talks to CCMA
WAGE negotiations at Sibanye-Stillwater’s gold operations have been referred to mediation, said the National Union of Mineworkers which described the miner’s latest offer as…
Mining pay rises outstrip productivity gains
MINERALS Council South Africa has warned wage increases are outpacing productivity improvements, attributing the disparity to overly strong union influence, according to a report…
Sibanye-Stillwater signs one-year wage deal for gold mines
SIBANYE-Stillwater on Monday announced a one-year wage agreement with unions at its South African gold mines, comprising a 5.5% increase until end-June 2025. Commenting on the…
Harmony Gold signs historic 6% wage deal with all unions
HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from July. The agreement is significant as…
As Eskom seeks a new way of scaling renewable power, Vietnam could light its way
SOUTH Africa has had energy shortfalls for the past 16 years, but to date there have been totally inadequate measures to add new capacity to the grid. The crisis has escalated…
As Eskom seeks a way of scaling renewable power, Vietnam could light its way
SOUTH Africa has had energy shortfalls for the past 16 years, but to date there have been totally inadequate measures to add new capacity to the grid. The crisis has escalated…
Rudderless and leaderless, Eskom is still waiting for a CEO
It’s been more than five months since former Eskom CEO André de Ruyter’s unceremonious departure from Eskom following an explosive TV interview, and there has been no replacement…
Eskom lifts wage offer to 5.25% but unions likely to reject proposal
ESKOM has raised its wage hike offer to unions to 5.25% from 4.5%, according to a document seen by Business Maverick. The publication said today however that unions – which were…
United we stand (or fall): In a sign of weakness, SA’s mining unions are joining hands
UNIONS in South Africa’s mining sector have never been so united. Tellingly, this may be a sign of weakness in the wider labour movement: confronting the mining industry alone…
Unions sign wage deal after Sibanye-Stillwater relents on ex-gratia payment
SIBANYE-Stillwater saved a three-year wage deal with unions by extending a R3,000 ex-gratia payment to all categories of employees. The agreement, signed late last night, ends a…
Sibanye-Stillwater, unions try to save wage pact amid new dispute on ex-gratia payment
SIBANYE-Stillwater and a coalition of unions are holding eleventh hour talks in a bid to save a wage agreement provisionally agreed last week. James Wellsted, senior…
Sibanye-Stillwater three month gold strike saw workers “lose out badly”, says economist
UNIONS and their members “lost out badly” for sustaining a strike at Sibanye-Stillwater’s gold mines for three months, said BusinessLive citing the views of Azar Jammine, chief…
Sibanye-Stillwater says gold wage talks “constructive” as AMCU calls meeting to weigh offer
SIBANYE-Stillwater described wage discussions with unions as “constructive” ahead of a mass meeting on Friday called by the Association of Mineworkers & Construction Union (AMCU)…