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Exxaro Mayoko failure due to governance lapse

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Exxaro's Mayoko iron ore project was rushed to achieve first mover advantage, an outcome that seems to have cost project leader, Ernst Venter, his job.

Amplats to suffer one fifth earnings slide

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Anglo American Platinum forecast at least a 20% decline in headline share earnings for its 2014 financial year owing to the five month strike in the sector.

Sterner test awaits Anglo, Eskom coal MoU

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The memorandum of understanding for coal supply from Anglo American's New Largo mine to Eskom is progress, but a fully-fledged agreement is still far away.

Mining in film: why box office ratings don’t help

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Mining in the popular consciousness is still light years behind modern practices - an impression that doesn't help attract new skills to the sector.

Mining sector’s demographic time bomb

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Mining recruitment agencies have been trying to figure out why the sector struggles to attract young professionals to its ranks

Acacia talks up growth as opens new chapter

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Brad Gordon, CEO of Acacia Mining, said the company was seeking M&A while assets were cheaper than ever before.

Absa seeks business rescue for ContiCoal

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South African bank Absa has applied to put Continental Coal in business rescue proceedings despite the Australian firm hoping to sell its operating asset.

Miner return hopes thwarted by horrid market

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Investors in mining will be disappointed by returns offered by the world's largest miners, say analysts who think more capital cuts have to take place.

Gold Fields says AngloGold mine is interesting

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Gold Fields identified AngloGold Ashanti's Ghana mine Iduapriem as an example of an asset in which it might have an interest in acquiring.

Equatorial seeks $181m as iron ore stalls

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Equatorial Resources has cut capex on its RoC project a fifth with much resting on a mining convention ahead of the tough task of financing the venture.