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Mining Yearbook 2016

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...

Eskom’s SA power play not entirely of its own making

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ESKOM’S claims to have beaten the energy crisis in South Africa are, to a large extent, true, but only partly of its own making. The...

“We’re ahead at South Deep for first time since I can...

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NICK Holland has received a few knocks in his eight years as CEO of Gold Fields including an investigation by the US Securities Regulation...

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...

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...

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...

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...

Anglo would consider Kumba’s role in SA mining champion

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ANGLO American would consider a proposal to use its 70% stake in Kumba Iron Ore as a founding asset to create "a different type...

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...