Off The Wires

Hwange in coke deal with Glencore

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Zimbabwe's Hwange Colliery is to sell coke and coke products to Glencore on a six month trial basis.

Lucara seeking $100m sales/year acquisition

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Lucara Diamonds, which mines in Botswana, is seeking to extend sales by buying or joining with another diamond producer with $100m in revenue a year.

Bimha, strike hit Implats half-year earnings

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The collapse of Bimha, an operation owned by Impala Platinum, and a strike in the sector could see the firm's interim basic share earnings up to 77% lower.

Strong rand hits Optimum Coal

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A weaker export coal price and a stronger rand have put Optimum Coal's earnings under pressure.

Uganda losing to illegal gold mining

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Uganda's growing gold industry was losing millions of shillings a year as artisanal, illegal mining kept pace with official production growth.

Guinea to build $2bn hydroelectric dam

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Guinea was in talks with China International Water & Electric Corporation to build a $2bn hydroelectric dam that would boost its bauxite mining ambitions.

Rio to cut spending $500m to $5bn in 2016

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Anglo-Australian mining group, Rio Tinto, expected its 2016 capital spending budget to fall by $500m to $5bn.

Aquarius, Implats mull second Mimosa shaft

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Aquarius Platinum and Impala Platinum were considering plans to sink a second shaft at their Mimosa Platinum Mine in Zimbabwe.

NUM serves notice to strike at Northam

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The National Union of Mineworkers has served notice to strike at Northam's Zondereinde mine which could start as early as Sunday.