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SA’s steel strategy fails to add up

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What's the point of keeping more iron in the country when there's not enough demand for it, asks an analyst who added the steel beneficiation strategy didn't add up?

Palamin discount turns on China red-tape

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Bureaucracy in China has held up many-a-mining deal and, in some cases, led to investor disappointment - a factor behind the discount in Palabora Mining.

Gold to challenge $1,850/oz in 2013: GFMS

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US stimulus efforts and an interest in protecting wealth would sustain the gold price in 2013, according to Thomson Reuters GFMS in its annual report.

Northam RDOs reject pay offer, seek 38% boost

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Rock drill operators at Northam Platinum's Zondereinde are demanding a 38% increase after downing tools on April 2. Some R46m has been lost in revenue.

Noose to tighten on scrap, iron ore exports

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Government hopes to give teeth to its draft policy in which iron ore, steel and scrap metal exports are being targeted as detrimental to domestic economic growth.

Cutifani to put Anglo under microscope

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Mark Cutifani would spend the first four months as CEO of Anglo American assessing asset mix and competitiveness, according to an internal company interview.

Gold Fields keen to swiftly end Tarkwa strike

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Gold Fields' Tarkwa was already the highest margin mine in the group's new look, all the more reason why it can't afford a lengthy dispute with Ghanaian employees.

BHP Billiton to hold Eskom to power deal

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Diversified mining group BHP Billiton said it would hold Eskom to a power deal first agreed in the Nineties despite pressure that it be modified.

Sibanye Gold weighs Beatrix uranium option

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All options would be considered to keep the fire-hit Beatrix West open including an interation of plans to mine it for its original purpose: uranium.

Lonmin scores Govt points as opts for Magara

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Lomin chooses Ben Magara as its new CEO. Not widely known by analysts, Magara has strong government relations as Lonmin seeks political influence over profile.