Harmony Gold Mining Company (Harmony) has reported a R1.4 billion September quarter operating profit, a 9% increase quarter-on-quarter, despite strike action at its Kusasalethu mine near Carletonville, which would trim 25,000 ounces off its full-year production target of 1.3 million oz.

Exhibitions like the recent Electra Mining Africa show are not just for professionals but also for students, says Wynand Roux, of the mining engineering department of the University of Pretoria, who showed many of his students around.

Mining strikes in South Africa have so far cost the country’s economy an estimated   R10.1 billion in revenue in the platinum- and gold-mining sectors since the beginning of the year. This is according to Finance Minister Pravin Gordhan’s Medium-Term Budget Policy Statement (MTBPS) he revealed yesterday.

Eskom has submitted an application to Nersa, the South African energy regulator,  for a 16% increase in electricity tariffs for each of five years starting April 2013 to end March 2018.

A three week truck drivers’ strike in October has taken R10m off Wescoal Holdings revenue line as deliveries of coal tol Eskom, explosives and diesel were disrupted, the junior coal miner states in its interim report.