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Zuma springs surprise with new mines minister

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In a surprise move, Mosebenzi Joseph Zwane has been appointed South Africa's new mines minister.

Zuma playing chess in Ramatlhodi shift

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One theory is that South African president Jacob Zuma needs Ngoako Ramatlhodi to shore up his power base in the Limpopo province hence his cabinet reshuffle.

AMCU, NUM relations better since 2013 pact

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The 2013 Framework Agreement brokered by former deputy president, Kgalema Motlanthe had improved unions relations, according to the SA government.

Glasenberg sceptical of market doomsayers

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Ivan Glasenberg, CEO of Glencore, is doubtful metal prices can weaken much further for long as basic market fundamentals will apply themselves.

Glencore elects book-build for equity issue

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Glencore would issue nearly 10% of its stock of which 78% would be through a book-build programme with management scooping the balance of the shares.

ANC policy review to test limits of SA mining

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The ANC's National General Council will discuss policies related to mining that continue to stretch the limits of what the sector can feasibly provide the economy.

11 mining firms join list of polluters: CER

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20 mining companies failed to honour environmental obligations showing that the JSE's Socially Responsible Investment Index was not fit for purpose.

Glencore to axe debt $10.2bn, cuts dividends

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Glencore to cut its next two dividends and issue equity in an effort to cut cash out by $10bn and lower net debt to the low $20s bn to protect its credit rating.

Glencore to relent on divvy if market lifts

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Glencore said it would not hesitate to restore dividends if the market Doomsday scenarios - as feared by some shareholders - failed to materialise.

ARM cuts capex R500m, defers Modikwa project

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African Rainbow Minerals is the latest of the world's mining companies to take the knife to its capital spend programme.