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Exxaro expects more savings on the cost of Total SA

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Having knocked the original purchase price for Total Coal SA down by $90m Exxaro now reckons it could chop another $112m off the cost of the deal.

Optimum takes the gloves off

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Optimum Colliery's business rescue practitioners have taken the gloves off in the Eskom dispute and suspended coal supplies to the Hendrina power station

Treating acid mine drainage will cost R8 billion

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It will cost R8 billion to treat acid mine drainage over the long term and around R45 billion to cover the costs of closing down derelict and ownerless mines.

Northam prepares for Booysendal South

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The feasibility study on Booysendal South will be completed by May next year but a decision to build the new mine will depend on platinum market conditions.

Gold Fields on a recovery track

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Gold Fields returned to profitability in the June quarter and is fortunate that its foreign operations can compensate for more lost production at South Deep.

More delays for Resgen in the Waterberg

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Resource Generation has hit more headwinds as its potential financial backers stall on putting up the $400m needed to build the Boikarabelo mine.

Eskom needs the big mining companies

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Glencore CEO Ivan Glasenberg reckons Eskom needs the big mining companies given Brian Molefe's declaration that Eskom will not invest in coal mines.

Lonmin shares plumb new depths

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Lonmin shares have dropped another 20% to levels described as "ridiculous" but there's no indication yet that anyone is looking at bidding for the group.

Harmony on track despite losing top executives

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Harmony's key strategy is to get the value of the Golpu project reflected in the share price according to departing CEO Graham Briggs

Harmony seriously at risk to a long strike

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Harmony CEO Graham Briggs says his group is seriously at risk from a long strike given its financial situation and dependence on South African operations.