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Mining Yearbook 2016

Zwane, CoM lead SA mining into unchartered waters

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THE word from South Africa's mines minister, Mosebenzi Zwane, is that discussions with the Chamber of Mines over a new mining charter have been...

Jury out on whether AMCU has appetite for war of attrition

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PLATINUM mineworkers’ current wage agreement with Anglo American Platinum (Amplats), Impala Platinum, and Lonmin came to an end on June 30, and the mining...

Dividends on agenda despite Harmony’s debt, capital ‘priorities’

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ONE of the painful lessons learned by the mining sector since the collapse of the commodity market has been the importance of using cash...

Light at the end of the tunnel for silicosis victims

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IT has been a difficult year for the mining industry insofar as health and safety has been concerned, but the tide is turning for...

Randgold’s Bristow to convince market of dividend strategy

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MARK Bristow is something of the arch iconoclast. He thinks, for instance, that the gold industry establishment is "a club", and he derives a...

Self-inflicted damages worsen metals downturn for Africa

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IN Southern Africa, severe drought conditions, a drop in commodity prices, and increasing pressure on the state purse have hit key mining economies. Some...

Market has bottomed, but road ahead will be bumpy

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ONE of the first senior voices to dare suggest the seemingly interminable slump in the minerals and metals markets was nearing an end was...

SA’s NEMA brings judgement down on trusts

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AMBIGUOUS mining policies and laws left a legacy of thousands of derelict mines and latent consequences, such as acid mine drainage that is costing...

Slowing Styldrift saved RBPlat R7.5bn over five years

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STEVE Phiri, CEO of Royal Bafokeng Platinum (RBPlat) tells of an irony following the firm’s decision in August last year to slow development of...