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Archie Palane points finger at NUM failings

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NUM ex-deputy secretary Archie Palane says central bargaining, now touted as the answer to platinum woes, would have become policy had he been elected leader.

Glencore sweetens Xstrata ‘takeover’ proposal

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Glencore surprised the market issuing improved terms for its combination with Xstrata but could term the proposal a takeover with its CEO, Ivan Glasenberg taking the reins of the combined unit.

Govt seeks to abate investor concerns

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The Government says it is looking to reassure investors and telling them they don't need to be concerned over further unrest in the wake of the massacre at Lonmin's Marikana mine.

Chamber’s Frans Barker dies after illness

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Frans Barker, Chief Operating Officer of the Chamber of Mines, has died after a short illness.

ARM on the prowl for new targets

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Acquisition targets may come aplenty as commodity markets are taking strain, according to African Rainbow Minerals, saying value has once again returned to the market.

Acid drainage costs surge to R2.2bn

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THE cost of dealing with acid mine drainage in the Witwatersrand has escalated to R2.2bn, says Minister of Water and Environmental Affairs, Edna Molewa.

Zimbabwe courts investors Down Under

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A Zimbabwean government official has told an Australian audience his country is a promising mining investment destination in need of partners and capitalisation.

Shabangu carries on beating SA’s drum

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South Africa’s mining industry is still open and ready for business, Minister of Mineral Resources Susan Shabangu tells an Australian audience.

Sibiya defends mineworkers’ pay levels

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Chamber of Mines CEO Bheki Sibiya says the wages that the body’s members pay their employees compare favourably to that of other industries. He has also called for an economic Codesa.

NUM “doing good business’ in mining sector

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The National Union of Mineworkers’ investment vehicles are not afraid to do business with mining companies.