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Govt to put R5.3bn coal rail line into motion

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Coal transport reticulation will get a much needed boost in Mpumalanga province after government said it was ready to proceed with a 14Mt to 21Mtpa development.

Transnet MDS threatened by sluggish growth

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Transnet CEO, Brian Molefe, said the state-owned utility would not yet adjust its R300bn market demand strategy despite lower than expected economic growth.

No clarity for SA miners in Budget

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Finance Minister Pravin Gordhan’s budget review for 2013 still did not give any clarity on whether there will be additional taxation on mining companies operating in South Africa.

Amcu represented in mining framework

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The views of the Associated Mineworkers & Construction Union (Amcu) had been incorporated into a Peace and Stability framework,

Village Main on lip of broad corporate reshuffle

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The possible closure of Village Main's Buffelsfontein gold mine may the first of several corporate changes as the firm looks to reposition itself strategically.

Gona unrelenting on royalty tax

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FRED Gona, parliament’s mineral resources portfolio committee chairperson, said he would not relent on a plan to channel mining royalties directly into the fiscus despite criticisms from the mining sector that taxes should be ring-fenced.

Kloppers calls it quits at BHP Billiton

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Marius Kloppers is to step down from BHP Billiton after nearly six years at the firm and is to be replaced by Andrew Mackenzie, head of BHP's non-ferrous business.

Miners battle amid capital shrinkage

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Access to capital proved difficult for mining companies globally, according to a Ernst & Young which surveyed capital raisings and debt finance in the industry for 2012.

Zuma pleases Alliance but NDP needs traction

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President Jacob Zuma's State of the Nation address won the support of Cosatu, but the congress believes the National Development Plan cannot be implemented.

Amplats flexible on shape of restructuring

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Anglo American Platinum CEO, Chris Griffith, said the firm's restructuring may be different from announced but the aims of the production cuts would be the same.