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Russian miner to list non-precious assets

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Russian miner Petropavlovsk is to list its non-precious assets, which include iron ore and titanium, on the Hong Kong exchange.

Simmers sells TGME

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Simmer and Jack Mines has sold its mothballed Transvaal Gold Mining Estates division to an unlisted junior mining company run by a former associate of Peter Skeat.

Simmers to sell Transvaal Gold Mining Estate

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Simmer & Jack Mines says that it has agreed to sell its wholly owned subsidiary, Transvaal Gold Mining Estates (TGME) to Stonewall Mining for R25m.

Northam strike continues with no end in sight

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The National Union of Mineworkers says a strike by over 8 000 workers at Northam Platinum has entered its third day with "no resolution in sight".

Petmin declares maiden dividend

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A solid set of results despite difficult trading conditions has put Petmin in the position where it could declare a maiden dividend while investing R120m at its Somkhele anthracite mine.

Ruashi delivers for Metorex

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Metorex has finally turned the corner following operating successes at the Ruashi copper/cobalt plant in the Democratic Republic of Congo and is now set up for sustainable growth.

Wits Gold opts for De Bron

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Wits Gold has prioritised the De Bron project in the southern Free State for development and intends expanding it through the purchase of Merriespruit South from Harmony.

Strike starts at Northam, stalls at Exxaro

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A strike has started at Northam Platinum, but new wage negotiations at diversified miner Exxaro are continuing.

Bernard Swanepoel buys Cons Murch

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Metorex has sold antimony producer Consolidated Murchison to Bernard Swanepoel's To The Point organisation for R1 and will contribute R65m to meet recapitalisation and rehabilitation requirements.

Liuri Gold to fight for Zambia licence

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ASX-listed explorer Liuri Gold is taking legal action against the Zambian government after its mining licence for the Luiri Hill gold project was cancelled.