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Transnet credit at risk if pensioners get day in court

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Transnet is hoping the court doesn't grant the hearing of a R89bn class action which would seriously dent the utility's credit rating and hinder its expansion strategy.

Nersa, BHP study to focus on contract renewals

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Nersa's investigation into BHP Billiton's advantageous power supply deal with Eskom will focus on whether deals for certain smelter potlines should have been renewed.

Davis skips Glencore-Xstrata as future beckons

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Mick Davis said he would not serve six months as interim manager of the combined Glencore Xstrata opting to leave at the deal's effective date, around May 2.

SA mining misunderstood by government

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It seems odd that given its global and national centrality, the country's Chamber of Mines still needs to remind Government of the importance of nurturing the sector.

Industry does not like workers: Mantashe

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Gwede Mantashe, secretary-general of the ANC, thew his weight behind the National Union of Mineworkers and said the mining sector didn't like workers.

Noose to tighten on scrap, iron ore exports

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Government hopes to give teeth to its draft policy in which iron ore, steel and scrap metal exports are being targeted as detrimental to domestic economic growth.

Cutifani to put Anglo under microscope

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Mark Cutifani would spend the first four months as CEO of Anglo American assessing asset mix and competitiveness, according to an internal company interview.

Graft contagion besets Zimbabwe mining sector

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Zimbabwe remains stricken by allegations of corruption in its mining sector with the EU the latest to heighten the pressure on its government-owned mining company.

Ruinous BHP contract drove Eskom hikes

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Volatility in the price of aluminium destabilised Eskom's finances after 2006 and was the real reason for its 2010 tariff hikes, not the coal price as stated by Eskom.

SA’s state firms may get China funds boost

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Other state-owned enterprises could benefit from funding provided by China following a loan agreement between Transnet and the China Development Bank.