THE SMART NEWS SOURCE | Feb 10 2012 15:12 | LAST UPDATED Feb 10 2012 15:12 |
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Eight mine workers killed in bus accidentEight mine workers were killed and at least 40 injured when a bus overturned on the R501 in Doornfontein on Friday morning. DRDGold third-quarter output up, starts Zim explorationSouth Africa's fourth-biggest gold producer, DRDGold, reported a 4% rise in gold production for the third quarter. DRDGold second-quarter gold output upDRDGold reported a 4% rise in gold production for the quarter to end-December and a return to profit owing to lower operating costs. Solidarity goes to court over DRDGold retrenchmentsTrade union Solidarity has lodged an application with the Labour Court for an urgent interdict against JSE-listed mining company DRDGold. DRDGold to seek judicial order for struggling mineDRDGold said on Monday it would seek a high court order to place its troubled Blyvoor mine under judicial management to save it from liquidation. DRDGold strike action enters third weekWage-related strike action by DRDGold's employees has entered its third week, the gold miner said on Wednesday. DRDGold rules out improving wage offer to end strikeThe strike over wages at DRDGold's operations continued on Friday, the National Union of Mineworkers said. DRDGold seeks court order to end strikeDRDGold said on Thursday it was seeking a court order to declare illegal a strike that has affected two of its mines. DRDGold mines hit by pay strikeDRDGold said on Wednesday a total of about 4 400 workers at two of its mines were on strike, and output at the operations had been affected. DRDGOLD faces strike threat at three minesDRDGOLD said on Monday it had reached a wage settlement with UASA, but may face a strike over pay by members of the NUM. Mine retrenchments could be cut by 60%, says SolidarityRetrenchments in the South African mining industry could be reduced by 40% to 60%, Solidarity deputy general secretary Dirk Hermann said on Thursday. DRDGold buys remaining stake in ElsburgDRDGold said on Tuesday it had bought the remaining 35% interest in the Elsburg Gold Mining joint venture, so far held by Australia's Mintails. DRDGold halts drilling at ERPM gold mineDRDGold said on Tuesday it had halted drilling and blasting at the ERPM gold mine's only producing shaft because of pumping problems. DRDGold posts first-quarter net lossSouth Africa's fourth-biggest gold producer, DRDGold, on Thursday said production in the first quarter was unchanged at 70 861 ounces. DRDGold miner dies in underground accidentA miner has died in an accident at DRDGold's Blyvooruitzicht mine near Carletonville, an official confirmed on Thursday. DRDGold prepares for change of guardGold miner DRDGold has announced the appointment of a CEO-designate in anticipation of the termination of CEO John Sayers's contract. Violence adds to economic woesAnti-foreigner violence in South Africa has already hit the mining sector, a mainstay of the domestic economy, and threatens to undermine confidence among international investors, analysts say. Even before the unrest broke out, the outlook for the South African economy was clouded by uncertainty. Erwin: No clear link between power crisis and job cutsIt is unclear whether proposed job cuts in the mining industry are caused by power cuts and electricity rationing, or other factors, Public Enterprises Minister Alec Erwin said in Parliament on Wednesday. "I've been a trade unionist for many years, and you often use an event like this to explain something you're going to do anyway," he said. Mine rejects racism claims 'with contempt'DRDGold has denied claims made by the Congress of South African Trade Unions (Cosatu) that intolerant racist behaviour was being practised at the company's Blyvooruitzicht mine. In a statement released by Cosatu on Tuesday, the union federation alleged that Blyvooruitzicht mine management practised racism towards employees. |
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