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AngloGold’s Venkat conjures recovery

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AngloGold Ashanti registered important cash saving advances in the third quarter and higher production capping a positive period in which the share is 30% higher.

Venkat freezes pay, takes no bonus

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Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti, has responded to the furore about executive pay by freezing his own cash bonus.

Shabangu insists pact close on MPRDA

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South Africa's mines minister, Susan Shabangu, says the industry and her government are close to each other in amendments to the MPRDA legislation.

Cutifani calls for agreement on charter audit

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Mark Cutifani, outgoing Chamber of Mines president, has called upon miners to find 'mutual agreement' with the DMR on an audit into mining charter compliance.

AMSA, Kumba end iron ore pricing feud

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ArcelorMittal SA and Kumba brought the curtain down on more than three years of feuding over iron ore prices agreeing a cost plus 20% deal.

JSE to roll out coal futures market

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The JSE and London Commodity Brokers will this month roll out South Africa's coal futures market with the launch of two inland 'coal pantries'.

Hot in the kitchen at Implats

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These are tough times for Terence Goodlace and Impala Platinum where operational change is complicated by the threat of strikes and an unhelpful platinum price.

Wescoal’s star continues to rise

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Wescoal Holdings established furthers its credentials as a coal stock on the rise posting solid interim results and saying it could grow by acquisition.

VMR rejects R400m bid for Tau Lekoa, Buffels

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Village Main Reef confirmed that it had rejected an offer for its Tau Lekoa mine saying the bid far undervalued the cash generating capacity of the operation.

Hannam has Zim JV approved

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A joint venture in Zimbabwe between Meikles and Centar, a company owned by former JP Morgan & Chase banker, Ian Hannam, has been approved.