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Gold Street Is Where South Africa’s Mining History Goes to Die

Gold Street Is Where South Africa’s Mining History Goes to Die

The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville—on Gold Street. That’s where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti Ltd. […]

Miner Lonmin Narrows H1 Loss, Trims Spending Target

Miner Lonmin Narrows H1 Loss, Trims Spending Target

Lonmin said on Monday it narrowed its first-half operating loss and lowered its spending target for the year as the platinum miner prepared for a merger with Sibanye-Stillwater.   The London-listed miner, which is being bought by Sibanye-Stillwater, reported a first-half operating loss of $32 million compared with a loss of $181 million a year […]

Safer Mining Practice: FG Opens Talks With Australia

Safer Mining Practice: FG Opens Talks With Australia

The Federal Government has opened discussion with the Australian government on safer mining practice in the country’s minerals sector. The discussion is aimed at getting the support of the Australian government in the area of environmental safety and safety of miners, as government focuses attention on the mining sector in its economic diversification and job […]