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CoAL reports massive lift in coal resources

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Coal of Africa has updated its resource statement from three properties in its now consolidated Soutpansberg portfolio, a development it describes as a milestone.

Govt to test platinum lifeboat options

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Amid another platinum mine closure, the South African government says it is studying options for intervening in the sector in an effort to help save jobs.

Village looks for Lesego partner

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Village Main Reef says it is looking for a partner to advance its sole platinum asset as a pre-feasibility study shows a possible return rate of 18% for the asset.

Minorities in U-turn on First Uranium deals

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The sale of gold producer First Uranium’s key assets is close to a done deal after a block of minority shareholders ran out of options in a battle to stop the transactions.

AEMFC’s next project close to launch

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State-owned miner AEMFC is now in the post-feasibility phase of its second project, the T-Project outside Bethal, which will produce 4.6 million tonnes of coal per year.

Gold One dismisses 1,035 workers

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Gold One International says the company has dismissed 1,035 employees from its Modder East mine following the workers’ participation in an illegal strike.

Pallinghurst shows its hand on R800m rights offer

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JSE-listed holdings group Pallinghurst Resources has launched its latest R800m rights offer as the company prepares to extend its reach to copper and coal.

Aquarius cutback “too small to notice’

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The platinum price will only respond to supply cutbacks once the major PGM producers embark on shaft closures, says analysts.

Exxaro finalises Ross Pinah sale

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Exxaro Resources says it has finalised the sale of its 50.04% interest in Rosh Pinah Zinc to Glencore International.

Gold One in NUM talks following dismissals

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Gold One International has begun talks with the National Union of Mineworkers (NUM), following the dismissal of employees who participated in an illegal strike at the group’s Modder East mine.