Zimplats will reduce its headcount by 1% as it implements broad cost cuts to survive a sharp fall in platinum group metal prices, CEO Alex Mhembere said on Wednesday..
South Africa s Harmony Gold
has signed a five-year wage deal with a coalition of trade
unions, the company said on Thursday. South Africa s often fractious major unions.
African development banks
are seen as the most likely funders of Caledonia Mining
Corporation s planned $250 million gold mine
in Zimbabwe, the mining company s CEO Mark Learmonth said on
Wednesday.
.
-Northam Platinum said on Friday it had halted some capital projects due to the current slump in metal prices, which saw the South African miner s half-year profit plunge by 93%..