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Anglo says Revuboe too small for own rail, port

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Anglo American says it will look to share existing infrastructure for its 10 million tonne/year Minas de Revuboe project in Mozambique once it has consummated the $555m transaction.

NUM says no guarantee SA labour will calm

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National Union of Mineworkers general-secretary, Frans Baleni, delivered unsettling news to UK investors saying the union could attempt to calm members in 2013, but there could be no guarantees.

SA economy braced for strike fallout

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The South African economy must brace itself for the fallout from the mining industry's strike activity, a development that could be devastating, says the Bureau for Market Research.

Lonmin wins support for $800m rights offer

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Betraying no hint of the conflict between his board and shareholder Xstrata, Lonmin's chairman says he looks forward to a dialogue now that the capital raiser will progress.

Atlatsa weighs refinance and mine changes

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Amid the 'forgotten strike' at its Bokoni mine, Atlatsa Resources says it is considering how its mine will look in the future as its corporate debt grows.

Zimbabwe bid to end Marange sanctions boosted

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Zimbabwe's bid to have sanctions lifted over diamonds produced from Marange has received a boost as South Africa's Welile Nhlapo is appointed chairperson of the Kimberley Process Certification Scheme.

Strikes had hurt SA’s credibility: Gordhan

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Strike action has cost an estimated R10bn in lost mine output and had led to two credit downgrades, said finance minister Pravin Gordhan in a speech last night.

Renowned gold bull flies to defence of Wits Gold

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Media-shy chairman of Wits Gold, Adam Fleming, says he will buy shares in the firm, the valuation of which was "anomalous".

Unki deal raises question over Zimplats future

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Will the finalisation of Unki's indigenisation deal with the Zimbabwean government serve as the model for the larger Zimplats asset in which Impala Platinum is invested?

Xstrata delivers ultimatum on executive ouster

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Xstrata pledged its support for Lonmin's $800m rights issue, but then inferred Lonmin could face a management ouster if it didn't change its executive team.