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Building the platinum demand of tomorrow

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It's early days, but Impala Platinum's Derek Engelbrecht sees no reason why South Africa shouldn't have its own platinum coin.

Wesizwe cuts Bakubung capex 11% to R10.7bn

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An optimisation study allowed the group to cut production against a 2009 bankable feasibility study and lift production a fifth in reponse to market conditions.

MPRDA bill chops ‘developmental pricing’

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South Africa's Chamber of Mines welcomed the MPRDA Amendment Bill and said it had negotiated developmental pricing for domestic supply out of the legislation.

Elections may frustrate Aquila May hearing

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National elections in South Africa on May 7 may result in personnel changes that delays a hearing into why Aquila Resources has not received a mining permit.

Rising freight cost to price out chrome exports

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Merafe Resources CEO, Zanele Matlala, said government intervention in chrome exports had fallen by the wayside but economics would rule out the activity.

Sibiya stops short of apology as CCMA fumes

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Bheki Sibiya, CEO of the Chamber of Mines, declined to publicly apologise for off-the-record comments made by his chief negotiator about the CCMA.

SA continues to slide in ferrochrome stakes

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South Africa's share of the world ferrochrome market deteriorated another 2% in 2013 despite efforts to have the government intervene in cheap chrome exports.

CoAL, Rio Tinto revisit $30m Chapudi payment

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Coal of Africa said it was in "fruitful" talks with Rio Tinto on the "... timing and magnitude" of the Chapudi deal as balance sheet issues become a burning issue.

Eskom says more stations vulnerable to wet coal

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Eskom CEO, Brian Dames, identified a number of power stations were wet coal could cause the utility major headaches as it staved off more loadh-shedding.

ARM relies on ferrous metals for profit surge

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Iron ore and manganese accounted for 92% of the two-thirds surge in headline earnings of African Rainbow Minerals while its platinum assets also contributed.