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Mining leaders worry Phakisa is just talk

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South African mining leaders are concerned the government's latest intervention, Operation Phakisa, will add more verbiage to the garbage heap.

AMCU gold strike could sound NUM death-knell

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Don't be surprised if the once mighty National Union of Mineworkers collapses completely within the next six months as it battles AMCU.

Lonmin to write down assets by $2.1bn

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Lonmin said it had made progress on its plans to retrench 6,000 jobs and said assets had been revalued to between $1.6bn and $1.8bn.

Optimum may extend Hendrina coal supply

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Optimum Coal has offered to continue supplying Eskom's Hendrina coal mine beyond November whilst the Mpumalanga colliery undergoes business rescue.

Signs that platinum market has bottomed

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There are signs that the platinum market may have put the worst behind it, according to analysts and market commentators.

SA miners flat-footed on mine closures

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South Africa's mining industry has been able to adapt in all areas except in the issue of mine closure certificates, experts said.

Holland calls time on labour-intensive mining

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Nick Holland, CEO of Gold Fields, said mining companies in South African had to transform to mechanised mining methods in less than ten years.

Sibanye trims gold forecast for 2015

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Sibanye Gold said operations had improved during the year after earlier disruptions, but it was nonetheless unable to avoid a cut in total production.

Transnet to double in R380bn capital spend plan

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South Africa's state-owned transport and logistics company, Transnet, would take total expansionary spend to half a trillion rands in ten years' time.

Kumba unlikely to reinstate dividend

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Kumba Iron Ore was unlikely to pay dividends with cash flow generation a major struggle throughout 2016, said Goldman Sachs.