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Strike looms large for Lonmin

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The National Union of Mineworkers rejected Lonmin's 9% to 10% wage increase offer raising the prospect of strike action.

Power situation remains critical, says Eskom

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SA's power supply situation will remain critical for the next two years, says Eskom CEO Brian Dames, while still trying to play down the latest problem at Medupi.

Mozambique won’t hike royalties, taxes

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Mozambique mines minister, Esperanca Bias, pledged the country would not follow the example of Zambia and Ghana by hiking taxes or royalties in the coal-rich country.

Anooraq suspends mining at Bokoni

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Anooraq Resources said it had suspended mining at its Bokoni mine following the death of an employee.

Impala miners found dead

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Two employees reported missing on Friday were fatally injured following a fall of ground incident at Impala Rustenburg's 7 Shaft, the company said.

More knocks for Great Basin Gold

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The Great Basin Gold share price has continued to drop despite CEO Ferdi Dippenaar's personal vote of confidence in using R500,000 of his own money to buy the stock.

Eskom mulls equity in foreign power

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Eskom was sitting down to consider buying equity positions in foreign-owned power transmission in an effort to plug a potential power deficit in South Africa.

Vale says rail sharing negotiable

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Vale, the Brazilian iron ore producer intent on growing its coal business, says use of a potential 22Mtpa rail line linking Mozambique's coal resources with the port at Nakala, could be shared. Maybe.

Harmony recovers body of miner

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Harmony Gold said it had recovered the body of the miner trapped last week at its Kusasalethu mine, near Carltonville.

Oz tax to be passed, upsets juniors

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Australia's government is set to pass laws for its 30% mining profits tax later this week after agreeing to lift the starting threshold. But mid-tier and junior companies say it favours the major mining firms.