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Govt seeks discount ore deal for steel firms

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Government is pursuing a deal with domestic steel and iron industries that will allow steel firms to source iron ore from Kumba at a discount, subject to a steel pricing agreement.

Kumba dampens cheap iron ore hopes

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Kumba Iron Ore says it will not enter into a state-initiated discount iron ore agreement before its disputes over prospecting rights in Sishen Iron Ore are resolved.

Gem Diamonds bags millions for big stones

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Gem Diamonds Ltd has sold two major gems found at its Letseng mine in Lesotho for a total of $22.7m.

Trans Hex November earnings top R100m

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Trans Hex says its November tender sales of South African production amounted to R100.6m.

Eskom calls for coal market intervention

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The government needs to regulate the supply of coal to its power plants to ensure exports of the material do not jeopardise electricity generation, says Eskom.

Great Basin’s Hollister on safety watch-list

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Great Basin Gold says US authorities has detected potential safety violations at its Hollister mine in Nevada.

Eskom plans third new coal station

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Kusile and Medupi will not be South Africa's last coal-fired power stations, says Eskom CEO Brian Dames.

ResGen ups Ledjadja stake

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Energy group Resource Generation has increased its ownership of the Ledjadja project from 49% to 74%.

Third party bags Palabora rights

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In a new incident related to SA's mining legislation, Palabora Mining Company says a mining right for some of its assets has been awarded to a third party.

Patel’s jobs target ‘not pie in the sky’

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The state job growth target for mining, as set out in its New Growth Path, is not unattainable as long as certain key constraints are addressed, says an industry body.