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Lonmin cutting it fine as Amcu talks intensify

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Lonmin is running out of time to form a recognition agreement with Amcu as the two parties edge towards arbitration, the last staging post before possible strikes.

Amplats raises prospect of saving more jobs

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Anglo American Platinum, unions, and the DMR would resume the restructuring process for the platinum firm's Rustenburg shafts that may save yet more jobs.

Amcu weighs centralised gold wage talks

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Joseph Mathunjwa, Amcu president, said his union may join the Chamber of Mines in centralised wage talks for members in the gold industry.

Petra keeps sights on 2015 capex plan

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Petra Diamonds has methodically scaled up diamond production but a time will come when investors will expect to enjoy yield. That time is coming, the firm says.

SA gold wage talks kicked off by NUM

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The Chamber of Mines declines to confirm speculation NUM wants a 60% increase in gold miner wages but says the union has made its first position known.

Don’t panic, it’s just the mining cycle

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There's a lot of long faces in the mining industry, but shouldn't we expect spending cuts and plummeting stock prices? This is after all, a fundamentally cyclical market.

Metmar through the worst of volatile market

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Metmar CEO, David Ellwood, believes the metals trading company is through the worst of a difficult market in which he acknowledges his firm was too defensive.

Rockwell says Wouterspan mine economic

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Rockwell Diamonds said a preliminary study of its Wouterspan mine which it is hoping to take out of mothballs was economic and would cost $45m to build.

SA shares choked as gold may test $1,300/oz

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Problems with "SA Inc", and gold price weakness, turned the heat up again on the country's gold shares which continued to slide.

Amcu, NUM distanced from Lonmin strike

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Lonmin said the wildcat strike that broke out at its Marikana mine yesterday was ad hoc and unsupported by any of the main unions.