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Godsell slams political appointments

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Bobby Godsell said companies that appointed people with political reach on their boards were corrupt.

Record annual production for Xstrata commodities

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Diversified resources group Xtrata has reported that it achieved record annual production of coking coal, semi-soft coking coal, mined nickel and refined nickel in 2010.

Sekoko in Eskom coal supply talks

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Sekoko Coal says it has signed a memorandum of understanding with Eskom for the supply of coal from 2012.

Merafe FY ferrochrome output up 48 pct

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Merafe Resources says its full-year ferrochrome output rose by 48%, after it restarted suspended furnaces following a upswing in demand.

CoAL runs low on available cash

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Coal of Africa is "assessing the various financing alternatives available" as negative cash flows eat into its working capital.

BHP, Rio investors want cash, not deals

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Investors have written to BHP Billiton and Rio Tinto to say the miners should ditch ambitions for mega deals in favour of share buyback schemes, according to a report.

‘Closed offices’ barred ICT from files access

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The DMR says it was impossible for Imperial Crown Trading to have gained access to its premises to forge Kumba's application for the 21.4% stake in Sishen, because staff were on holiday.

Gold One records maiden profit

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Gold One International has reported a pre-tax annual profit well in excess of most predictions.

Posco, Vale in Mozambique coal JV

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Posco, the world's No.3 steelmaker, says it has agreed with Brazilian group Vale to jointly seek to develop a coal mine in Mozambique.

Flooding halts Rockwell production

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Rockwell Diamonds says its alluvial mining operations in the Northern Cape have been affected by the recent heavy rainfall and subsequent flooding.