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Oil slumps 9pct in August

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US crude oil prices have posted the first monthly decline since May as concerns about faltering economic growth, weak demand and bulging oil inventories pressured crude and gas.

Strike looms at Northam

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More than 8 000 workers at Northam Platinum will go on strike over a pay rise dispute.

Gold One under pressure

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Gold One’s share price is being held back by production problems as well as the finalisation of a $65m debt facility, says CEO Neal Froneman.

Zim gets diamond polishing centre

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A diamond firm operating from Zimbabwe's controversial Marange diamond fields has begun constructing a multi-million dollar cutting and polishing centre.

Diamonds: Zim propelled to the big league

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Zimbabwe may soon surpass top diamond producers like Russia, Botswana and SA.

Newcrest paves way for gold deals

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Newcrest Mining $8bn-plus acquisition of Lihir Gold is creating a new top-tier of Australian gold producers, which are already being sized up for takeovers.

Eskom worried about low-quality coal

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Eskom has expressed concern over the quality of coal from domestic suppliers, which might affect its operations and push up prices.

DRDGold sells mining licences

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DRDGold said it had significantly derisked the business following the disposal of mining licences owned by Durban Roodepoort Deep and West Wits - a move that helped flood company coffers.

DRDGold to rekindle flame of optionality

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DRDGold wants to convince gold investors that its surface retreatment operations contain a new kind of optionality.

Exxaro Sands strike to spread like ‘wild fire’

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The strike by more than 600 workers at Exxaro Sands inKwaZulu-Natal, now in its fourth day, will spread "like wildfire", the National Union of Mineworkers says.