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QKR sells 7.5% in Navachab to Epangelo

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QKR Corporation, founded by former banker Lloyd Pengilly, has sold a 7.5% stake in its recently purchased Navachab mine to Namibia's Epangelo Mining.

DiamondCorp maiden sale due in October

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DiamondCorp said its first diamond sale was scheduled for October when underground development would yield diamonds representative of the Lace mine.

Magara, Mathunjwa go head-to-head

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Ben Magara, CEO of Lonmin and Joseph Mathunjwa, president of AMCU, exchanged views in front of hundreds of union supporters.

Eskom appoints ABB to replace Alstom

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Eskom had "consensually" ended the control and instrumentation contract with Alstom S&E Africa at its 4,800MW Kusile power station appointing ABB in its place.

Gupta’s Optimum supplying Eskom’s Arnot

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Eskom is sourcing coal for its Arnot power station from a mine bought by the influential Gupta family.

DRDGold to sell mineral rights for R220m

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DRDGold is to sell mineral rights owned by its now closed gold mine, East Rand Properitary Mines or ERPM, to private company Walcott Capital for R220m.

Unions to reconsider ‘winner takes all’ principle

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Majoritarianism, in which the dominant union has the lionshare of privileges in terms of mine representation could be overtuned by management, and labour.

Cabal plotted to oust Zimbabwe’s Mugabe

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Robert Mugabe, Zimbabwe president, said a cabal had plotted to remove him from power.

First Quantum paid $500m dividend: sources

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Toronto-listed First Quantum Minerals had paid a $500m dividend from its Zambian copper unit, according to market speculation.

SA Govt. to unveil asset sale in February

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The South African government would announce which assets it intended to sell in order to recapitalise Eskom in February.