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Gold industry awaits technology breakthrough

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There is great excitement about a promising new technology which could make deep underground mining possible and ensure the future of SA's gold industry.

CRG’s great expectations amid licence row

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Central Rand Gold says it may become one of SA’s lowest cost gold producers and be the solution to rising acid mine water, if only the courts will return its revoked mining right.

BHP gets go-ahead for Olympic Dam expansion

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BHP Billiton has moved a step closer towards an estimated $20bn to $30bn expansion of its Olympic Dam copper and uranium mine.

Transnet opens magnetite route

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Transnet Freight Rail has opened a line to transport magnetite for export, after disruptions caused by damage to a bridge, says the company.

Raising the bar on BEE

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Kumba Iron Ore’s windfall BEE payout has restored confidence in black economic empowerment.

Shanduka seeks controlling stake in coal JV

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Shanduka Group hopes to conclude a deal before the end of the year which will increase its stake in a coal venture with Glencore to a controlling one, reports Business Day.

Sata’s clean sweep gets thumbs up

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Since his upset Sept. 20 election victory, former opposition Michael Sata has made his mark on Africa's biggest copper producer.

Kasukuwere calls time on tardy miners

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Saviour Kasukuwere, Zimbabwe's youth, indigenisation and empowerment minister, says the country will move quietly in seizing shares of companies failing to have met the indigenisation deadline.

Transnet eyes 80 mln tonnes on Waterberg line

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A planned rail link to South Africa's Waterberg coal fields could eventually handle up to 80 million tonnes of coal a year if there is enough demand, says Transnet.

The gospel according to Mark

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AngloGold Ashanti CEO Mark Cutifani has in the four years since his unheralded appointment done as much to conserve features of the company as change it.