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Kumba workers reap big payout

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Kumba Iron Ore says that over 6,200 of its employees will reap a R576,045 payout in December as part of an "empowerment" plan aimed at non-managers.

RBCT responds as Transnet ups pace

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Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.

The return of Bernard Swanepoel

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Village Main Reef looks a high-risk, high-reward play that widows and orphans should avoid, but gold bugs could be attracted to like moths to a candle.

BHP Billiton wants out of diamonds

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BHP Billiton is looking to exit the diamond business as the contribution of the division to the overall performance of the group remains insignificant, with limited options available to grow.

Collahuasi says plants working amid stoppage

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Chile's giant Collahuasi mine has confirmed workers on two shifts have downed tools at the world's No. 3 copper mine, adding that its plants were fully operational.

Sierra Leone to post mining revenues online

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Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.

Rio Tinto sees customers turning cautious

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Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.

BHP Billiton CFO Vanselow steps down

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BHP Billiton has announced the retirement of its popular chief financial officer Alex Vanselow and expanded its top management committee.

Bisichi impasse benefits Wescoal

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Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.

ANC to redraft nationalisation report

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The African National Congress has returned a report with policy recommendations on the issue of mine nationalisation for redrafting, says a senior party official.