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Aquarius suspends output at Marikana

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Aquarius Platinum has suspended production at its Marikana mine following the death of five miners contracted through Murray & Roberts.

Xstrata resumes work on A$6bn mine

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Xstrata, the biggest exporter of power-station coal, has resumed work on a A$6bn mine after Australia reduced a planned resource profits tax, says Bloomberg News.

NUM stands firm on Implats wage demands

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A union at Impala Platinum says it will stick to its 15% pay rise demand in mediation talks next week but wants a quick end to the dispute.

Simmers drops proposed rights issue

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The Simmers board has opted not to go for a planned rights issue and will instead raise funds required to pay back a R220m loan through a sale of notes as well as cash flow.

Indian firms rescue SA coal juniors

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Both Homeland Energy and South African Coal Mining Holdings are being rescued financially by their new, controlling Indian shareholders.

Shanduka workers down tools

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Hundreds of workers at Shanduka Resources' coal mines have downed tools claiming the company had to centralise its bargaining in order to harmonise working conditions at all collieries.

Rio Tinto completes Alcan Packaging divestment

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Resources giant Rio Tinto has wrapped up the divestment of its Alcan Packaging business with the completion of sales of its two outstanding assets.

Anglo sells Aussie coal assets for $500m

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Resources giant Anglo American has agreed to sell its interests in five underdeveloped coal assets in Australia for about $500m.

Shiva Uranium wastes no time cutting jobs

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Shiva Uranium, who took over Uranium One's Dominium Reefs Mine, has wasted no time cutting jobs at the mine despite promising the Competition Commission that no job losses would result from the takeover.

Miners agree to cut ferrochrome price

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Ferrochrome producers in South Africa, the world's largest producer, have agreed to a 4% fall in the third quarter contract settlement price, Merafe Resources says.