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Platinum blots Anglo copy book

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Anglo American posted a reasonable first half of production with output from Amplats down 40% - the only major upset recorded by the UK group.

RBPlat, NUM lift gloom with 9.1% wage pact

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Royal Bafokeng Platinum will pay its lowest paid underground workers 9.5% to 10.5% for the first three years of a five-year deal that also links in productivity.

Keaton ends June quarter “in positive mood”

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Keaton Energy ticked more production boxes in the June quarter, seasonally a good operating period for South Africa's coal producers.

Rockwell bursts into profit as rebuild delivers

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Rockwell Diamonds surged into a net profit in the first quarter suggesting that its three-year turnaround strategy was finally bearing fruit.

Debt-laden Eskom issues plea for tariff hikes

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Eskom is a company rapidly sliding beneath the cost of servicing some R252bn in debt - a situation that cries out for a revisit of the electricity tariff.

Mwana studies Klipspringer restart

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Mwana Africa may restart mining at Klipspringer as it looks to continue its remarkable turnaround in fortunes.

De Beers seals sightholder sales BEE deal

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De Beers Consolidated Mines has bought De Beers Sightholder Sales South Africa which enables it to meet its 26% empowerment target set by the government.

Gold Fields hit with Native Title reverse

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The Federal Court of Australia has judged that the correct procedure was not followed in the 2004 re-grant of mineral tenements to the St. Ives mine.

Anglo to sell Lafarge Tarmac JV for $1.5bn

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Anglo American will punch a $1.5bn hole in its debt pile with the sale of its 50% stake in the Lafarge Tarmac joint venture.

Platinum surge on restocking, restructuring

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The platinum price has gained ground in the week following the strike resolution which analysts said was perhaps not entirely unexpected.