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Sarb swoops on Mzi Khumalo’s assets

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Mining magnate Mzi Khumalo has finally been hit with a R1bn order of forfeiture by the Reserve Bank for flouting exchange control laws.

Malema’s demise will change mining debate

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The nationalisation debate will probably head into a new direction when the dust settles over the disciplinary hearing of ANC Youth League President Julius Malema.

Shabangu to give charter verdict soon

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Mines minister Susan Shabangu will soon give her assessment of industry progress in reaching the objectives of the Mining Charter.

Illegal miner dies at Grootvlei

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A man has died while he was mining illegally in Springs, east of Johannesburg, says Gauteng police.

Nationalisation not a cure-all for SA’s ills

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Cosatu has cleared the air about its stance on nationalisation considerably by giving its full support to the views of the National Union of Mineworkers.

Optimum Coal confirms bid interest

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Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties.

Optimum Coal shares climb as Glencore circles

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Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.

Eskom’s ‘overcooked’ tariffs slated

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A body representing the largest consumers of electricity says Eskom's inflated tariffs will negatively affect the economy.

Transnet won’t be carved up, says CEO

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Stripping Transnet of its rail infrastructure assets will be "disastrous', while the notion was sending the wrong message to bondholders, says CEO Brian Molefe.

Strikes helping Eskom

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Strikes in the metals and mining sectors and brief snaps of winter have taken significant pressure off Eskom during the coldest months of the year, says CEO Brian Dames.