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IDC remains flywheel in SA industrialisation

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The Industrial Development Corporation is central to government's mining and industrialisation policies, but how this will be structure remains conjectural.

Zuma likens mine restructuring to blackmail

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Jacob Zuma, South African president, said mine restructuring was almost like blackmail and said low wages had "led us into trouble".

Exxaro boss admonishes SA government

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Sipho Nkosi, CEO of Exxaro Resources, has urged government to take a mature approach to foreign investment but still reckons South Africa is attractive.

Resurgent Lonmin sets out brave new world

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An Esop; centralised bargaining; and more inclusive union recognition are some of the steps Lonmin is taking to recover - a statement of intent the market applauded.

Motsepe to donate personal wealth

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Patrice Motsepe, chairman of African Rainbow Minerals, is to donate hundreds of millions of rands to charitable organisations.

AngloGold sees 11% Tropicana capex hike

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AngloGold Ashanti said capital expenditure at its western Australia prospect, Tropicana would be 11% higher than the mid-point of its estimates in 2010.

Eskom tariff is ‘tipping point’ for mines: Cutifani

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President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.

Govt to spell out coal growth prospects

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A government task team will set down areas in which coal production can be grown, primarily aimed at plugging the coal supply shortage facing Eskom.

Harmony ‘step closer’ to reopening mine

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Graham Briggs, CEO of Harmony Gold, said a meeting had taken the company "a step closer" to reopening its Kusasalethu gold mine on Johannesburg's west Rand.

Amplats’ Griffith hails ‘constructive talks’

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Chris Griffith, CEO of Anglo American Platinum, said the firm's relationship with mines minister, Susan Shabangu, is "back where it should be".