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AMSA to ask Kumba to lower iron ore price

FERROUS METALSby David McKay | Fri, 31 Jul 2015
ArcelorMittal South Africa said it wanted to get Kumba at the negotiating table to discuss a lower price for the 6.5 million tonnes it buys in iron ore. Read ›

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  • More cash as SA gold firms make "final offer"

    by David McKay | 30 Jul 2015 - |
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     South African gold producers promise to pay R12,500 and R13,200 per month for entry-level workers in three years as a key concession in its "final offer". Read ›
    COLLYWOBBLES - Ben Magara's Lonmin had to provide evidence the company's recently announced restructuring would take hold in order to stem cash burn. More ›

    Metal price slump hurts Zimplats

    by Memory Mataranyika | 31 Jul 2015 - |
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     Zimplats produced lower volumes in a weaker market which resulted in a 41% June quarter profit slide at the Impala Platinum subsidiary. Read ›

    Cutifani lights touch paper on SA failings

    by David McKay | 30 Jul 2015 - |
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    Mark Cutifani Anglo American's Mark Cutifani issued his sternest warning yet that policy uncertainty and labour strife would toll the end of the South African mining sector. Read ›

    BEE partners should be allowed to fail: Cutifani

    by David McKay | 30 Jul 2015 - |
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     Mark Cutifani, CEO of Anglo American, said black-owned mining partners should be allowed to fail instead of having companies such as his prop them up. Read ›
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