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Amcu storms out of central bargaining talks

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The Associated Mineworkers and Construction Union (Amcu) has stormed out of talks regarding a central bargaining forum for the country’s platinum sector.

Harmony struggles despite gold bonanza

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Why does Australian gold miner Newcrest get more for its 50% stake in the Wafi-Golpu gold deposit than its joint venture partner, Harmony Gold? Here's some answers.

De Beers mulling bids for mines

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De Beers said it had received interest in its Finsch and Namaqualand Mines, both situated in the Northern Cape.

Fears grow cost inflation will dampen SA mining sector’s stellar returns

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WINDFALL profits from the mining industry last year helped take some of the sting out of South Africa's parlous national finances. The country's 2.8%...

Davies to probe Exxaro refinery closure

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A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.

Sibanye-Stillwater bids to save 330,000 oz/y in lossmaking gold

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SIBANYE-Stillwater is considering implementing central services for its South African mines that will help save half of approximately 330,000 ounces in gold production currently...

Forsaken mines to receive R40bn repair

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Rehabilitating South Africa's 6 000 derelict and ownerless mines will take 28 years to complete at a cost of R40bn, parliament hears.

Anglo shareholders toe the line, largely.

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Some Anglo American shareholders have spoken their minds over a variety of issues at the company’s annual general meeting, most notably regarding the dispute with Chile’s Codelco.

Lonmin may need “drastic action” to pay debt

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The UK platinum producer had a slew of debt due in 2016 which would require production cuts to service unless the platinum price improved significantly.

Glencore divests of Lonmin, cuts $1bn in capex

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Glencore is to unbundle its 23.9% stake in Lonmin to shareholders but said the distribution was not a dividend replacement.