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DEA, Eskom say Kriel crisis preventable

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Eskom and South Africa's environmental affairs department say shutting Kriel power station, which would remove up to 3,000MW of generating capacity, can be averted.

Deloitte detects Govt, industry rapprochement

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The South African government and the mining industry would discover a meeting of minds, said auditor and consulting firm Deloitte.

Universal Coal in line for Exxaro’s NCC

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Australia's Universal Coal is one of the companies vying for Exxaro Resources' New Clydesdale Colliery.

Northam tipped to attract claw-back buyers

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Despite its strike troubles Northam Platinum is expected to attract buyers to its R600m claw-back offer although the stake eventually held by Coronation will be interesting.

M&A activity to rebound in 2014: CIBC

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Transaction activity could improve in 2014 owing to price stability, base metal demand in China, and pockets of capital seeking bargains, said CIBC World Markets.

Northam losses top R360m, sets talks date

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Northam Platinum will meet with the National Union of Mineworkers on December 5 in new talks to be convened by the CCMA.

Firestone CEO ousted, WCC tightens grip

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David Knox, CEO of Firestone Energy, was not re-elected to the company's board as 45% shareholder Waterberg Coal Company tightened its grip.

Exxaro Mayoko deal “at mercy of politicians”

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Exxaro Resources must wait for the Republic of Congo's parliament before it can clinch an important mining convention for its Mayoko-Lekoumou iron ore prospect.

Lonmin through worst, but capital calls loom

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Ben Magara, CEO of Lonmin, has steered the company well in these early stages, but important decisions loom on capital projects while strikes remain a risk.

Cash-strapped Sable Pt rings in the changes

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Sable Platinum has enough cash until January although a recovery from SARS and a share issue could keep the company alive while it beds down Selebi Phikwe.