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Vedanta registers lower half-year base metals output at Zambia, SA

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METAL production at Vedanta's Zambia copper operations recovered about a fifth in the second quarter, but it was not enough to prevent a hefty...

Petra liquid enough to survive expected debt covenant failures

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PETRA Diamonds, a UK-listed diamond firm that operates in South Africa and Tanzania, sought to ease shareholder concerns regarding its status as a going...

Centamin restores hopes of 540,000 oz year-end production

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CENTAMIN was on track for guided annual production of some 540,000 ounces for its 2017 financial year after Sukari, its Egyptian gold mine, turned...

NUM secures date for arbitration on Sibanye-Stillwater’s Kroondal

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SIBANYE-Stillwater and the National Union of Mineworkers (NUM) will enter into arbitration proceedings on November 2 after wage talks at the firm's Kroondal platinum...

Lucapa raises $15m for Lesotho diamond prospect Mothae

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PRIVATE equity has agreed to provide $15m (R207m) to Lucapa Diamonds for first phase production of Mothae, a diamond project in Lesotho the Australian-listed...

Glencore may seek partner for $973m swoop on Chevron SA assets

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GLENCORE has made light of the regulatory and political crisis in South Africa's resources sector by offering nearly $1bn (R13.7bn) for control of US...

Lonmin shares rocket as lenders grant 12-month covenant waiver

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SHARES in Lonmin leapt 18% on the Johannesburg Stock Exchange after the platinum mining firm announced today its lenders had given it more leash...

Engrossed in its politicking, Government is blind to market indifference

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THE absolute, stand-out moment of the Joburg Indaba conference was perhaps its most chilling. Asked for his view about investing in South African mining,...

Mgojo seeks to win back Chamber’s moral high ground

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CHAMBER of Mines president, Mxolisi Mgojo, sought to reclaim the organisation's moral high ground today telling delegates at the Joburg Indaba mining conference that...

Seriti Resources lines up R20bn New Largo project

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SERITI Resources, the consortium that is concluding the purchase of Eskom-dedicated coal mines from Anglo American, is set to add to its asset base...