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Eskom always likely to face challenges: Dames

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Brian Dames, outgoing CEO of Eskom, said the context in which the power utility operates means the group would always face stiff challenges.

Top five Miningmx articles in 2013

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The state of the mining market and advice to sit out the storm topped the most popular articles published on Miningmx during 2013.

Sable looks to shares to fund diversification

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James Allan, CEO of Sable Platinum, concedes he called the market wrong, but says diversification is the right thing to do for shareholders.

PGM price surge in 2014/15 to lift fringe stocks

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A significant escalation in the basket price of platinum group metals is being forecast which could be good news for SA's forgotten platinum stocks.

Fleming to reinvest funds in Sibanye Gold

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Adam Fleming, chairman of Wits Gold, said Sibanye Gold's Neal Froneman had the "energy and power" to bring about the "ultimate consolidation" of the SA gold industry.

Amplats eases losses, signs with NUM, UASA

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Amplats said it would report improved full-year results, and that it had signed a new wage agreement with the NUM and UASA.

Cutifani warns of ‘heavy-going’ in 2014

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Anglo American's Mark Cutifani said lower output at key assets meant a tough 2014, but an asset review was complete with $1.3bn in cash flow uplift identified.

Sibanye in R400m knockout bid for Wits Gold

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Neal Froneman, CEO of Sibanye Gold, has finally swooped landing a R400m blow for struggling gold exploration and development company, Wits Gold.

Equatorial to clinch $230m funding in 2014

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Equatorial Resources CEO, John Welborn, said equity investment or an offtake agreement were two options by which its iron ore project would be funded next year.

PTM in $164m issue as waits on debt

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Platinum Group Metals said it had raised C$175m in a share issue in the wake of its 26% investor pulling out of the proposed Western Bushveld Joint Venture.