Urgent relief is needed to stop the spread of financial ruin to bigger firms and avoid economic sector turmoil
Sibanye-Stillwater, which is at the centre of the debate on excessive pay for executives, has had its remuneration report rejected three years in a row
Among the companies that have announced staff cuts are Anglo American and Sibanye Stillwater
Having its roots in gold, the diversified mining company has been shielded from the PGM price crash
In an interview, Sibanye-Stillwater CEO Neal Froneman also refutes the view that South Africa’s biggest mining employer is overextended
Gold Fields’ South Deep hopes to turn the situation around with its super driller and indications are that extraction will shift from 85% to 93%.
Fathers talk about their regret for sending their sons to the mines, wives speak about coming to terms with the death of their husbands
Estimates hint that the scaling down of work in response to Covid-19 will result in a sharp drop in production in April and by 4.5% for the year
Not a year into buying Lonmin, Sibanye is accused of mistreating the mineworkers who were injured eight years ago during the Marikana massacre. But the platinum giant says it is a miscommunication. Athandiwe Saba and Paul Botes visit Marikana to find out the truth
We must remember the 44 people killed and 78 injured in main part to prevent such actions being repeated
The payouts to affected miners who were part of the class action will provide a modicum of justice
The agreement could lay the foundation for a showdown in the platinum sector ahead of further negotiations
It is believed that the workers were trapped at the company’s Thembelani mine after the rails used to transport workers collapsed
The Amcu said it had received reports that as many as 4 000 miners were stuck underground
The lengthy strike finally ended with Amcu agreeing to the same wage offer other mining unions accepted in October
The hike in the price of the sister metal has helped to turn around the fortunes of several local companies
Central to the dispute between Amcu and Sibanye are efforts to verify union membership numbers
The gold producer is locked in an ongoing wage dispute with AMCU and is facing ongoing losses at its gold operations
Its financial and operational problems are hurting not only big users and consumers but also its own position
The South African Competition Tribunal approved Sibanye’s acquisition of Lonmin subject to agreed conditions between the two companies
Amcu President Joseph Mathunjwa promised to embark on a secondary strike in the platinum sector, at a yet-to-be-determined date
The non-profit Mining Forum has applied for the company’s mining license to be suspended
Besides Sibanye’s internal investigations, it has held two safety summits and has formed a task team to tackle the causes of the fatalities
The government has played an active role in creating a class of capitalists closely aligned to the state through these policies
Safety on the mines as well as the health and welfare of mining communities must improve
The damage to infrastructure at Masakhane mine following a seismic event on May 3 2018, was among the operational disturbances the company experienced
The death toll at Sibanye-Stillwater’s operations this year alone stands at more than 20
The National Union of Mineworkers says the Act must be changed so that mine bosses can be prosecuted
The death toll at Sibanye-Stillwater’s operations this year alone stands at over 20, close to half of the fatalities in the entire mining industry
A fourth miner has been found dead at an abandoned working area of a mine owned by Sibanye-Stillwater while a fifth miner remains unaccounted for
According to a statement by the mine, five workers had entered an “abandoned working place” at Kloof Ikamva shaft, south of Johannesburg
The institute of chartered accountants said it will now begin a tender process to appoint external auditors