Exxaro closer to Total sale

Exxaro has completed the purchase price allocation accounting relating to the acquisition of Total Coal South Africa (TCSA) as required by the International Financial Reporting Standards.


Northam’s sales volumes increase

JSE listed Northam Platinum’s revenue generated from sales for the six months ended 31 December 2015 increased by 5.4% to R3.2-million, reflecting the group’s increasing sales volumes. Sales volumes for the period were 19.3% higher, at 7716kg or 248 075 ounces (oz).

Strike action illustrated

Throughout the week we have illustrated the build up to and consequences of strike action, using case studies and references to the recent Investing in African Mining Indaba. Take a look at this cartoon which sums up the economics of strike action.


Striking out

With regards to strikes in the mining industry, a number of factors have been taken into consideration, especially when one refers to the Marikana strike of 2012 and the platinum strike of 2014.


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