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Minister acknowledges mines debate harm

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The government knows that the debate on nationalisation dents SA's image and will not do anything unconstitutional, says the Minister of Public Enterprises.

New effort to end wage impasse

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Striking coal and gold miners are meeting the Chamber of Mines in separate talks in a bid to end stoppages that have cost South Africa tens of millions of dollars in lost output.

African Minerals, Shandong sign $1.5bn deal

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African Minerals has finally signed an agreement with Shandong Iron & Steel that will see the Chinese group invest $1.5bn in African Minerals' flagship iron ore project in Sierra Leone.

Wage talks set for Monday as mines stay shut

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Wage talks with unions to end a strike against the country's main gold miners have brought the sides closer together and negotiations will resume on Monday, says the Chamber of Mines.

Grupo Mexico net doubles

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Mexican miner and railroad operator Grupo Mexico says its profit doubled in the second quarter, boosted by higher metals prices and output.

Collahuasi unions join Escondida in strike

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Workers at Chile's Collahuasi have put down their tools over unmet labour demands, compounding worker unrest as a strike at top global copper mine Escondida enters a ninth day.

Anglo delivers as commodities surge

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Anglo American has posted a 38% increase in half-year operating profitability, succeeding in cashing in on record commodities prices.

Gold miners to talk as strike starts

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Gold mine workers and the major producers are due to meet for wage talks, in a bid to end a strike that may halt daily output worth up to $25m.

Anglo shuns calls for higher dividends

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Anglo American is facing questions over its seemingly conservative dividend policy, with some investors asking the group for a "bigger bite of the cherry".

Exxaro to shut Zincor

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Exxaro Resources has decided to shut down permanently its loss-making Zincor plant near Springs after being unable to find a buyer.