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Eskom’s Tstotsi fears New Largo may be late

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Eskom chairman Zola Tsotsi said there was a risk Anglo American's New Largo coal mine might not be ready in time to supply the 4,800MW Kusile power station.

Doubt grows over Rio’s Riversdale bid

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Tata Steel has raised its stake in Australia's Riversdale Mining , making it harder for miner Rio Tinto to seal its $3.9bn bid for the Mozambique-focused coal miner.

Botswana to dominate SA in diamond cutting

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Botswana is going to far outclass SA when it comes to the local beneficiation of diamonds, following the new marketing deal it has negotiated with De Beers.

Sibanye-Stillwater says illegal mining out of control as SA’s social distress...

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RECORDED incidents of illegal mining on the premises of Sibanye-Stillwater's South African operations nearly doubled in 2022, the precious metals miner said. Citing Sibanye-Stillwater's annual...

Nagle’s plan for Glencore rests on this calculated gamble

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THREE years after deciding to retain coal production, Glencore has unveiled a proposal to ditch the fossil fuel. Under a deal announced on November 14,...

South Africa’s Transnet reports derailment on coal export line

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FRESH coal export delays from South Africa are likely to result from a train derailment which operator Transnet announced had occurred today. The government-owned company...

R&E profit leaps to R792.8m

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Randgold & Exploration, which recently re-listed on the JSE after a five-year absence, has reported a massive jump in first half earnings by posting a profit of R792.8m compared to R11.1m previously.

Shares in iron ore miners rise as Brazil reverses lower court...

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A BRAZILIAN court had ordered Vale, the state-owned iron ore and coal producer, to halt operations at its Brucutu iron ore mining complex, reversing...

Oakbay listing hanging by thread as JSE considers suspension

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THE Gupta family company, Oakbay Resources and Energy (Oakbay), said it was "considering its options" following notice from the Johannesburg Stock Exchange (JSE) that...

Peru, miners in pact to change royalties

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Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, say sources on both sides of negotiations between companies and government.