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AngloGold exec’s exercise share options

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AngloGold Ashanti CEO Mark Cutifani has netted R13.7m in company shares in terms of the gold producer's incentive scheme for senior executives.

Caterpillar banks on Chinese metamorphosis

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Miners may be talking about throttling back capital expenditure amid global economic growth fears, but one of the more sensitive players to upstream tremors is staying optimistic.

Northam to take R300m hit from smelter run-out

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Northam Platinum has warned investors the smelter run-out at its Zondereinde mine may affect income by some R300m in the current financial year.

Trans Hex sees major swing to profitability

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Diamond miner Trans Hex says it expects to report an annual net profit of around R208m, compared to a loss of R45.1m during its previous financial year.

Former Sasol CEO appointed to BHP board

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Former Sasol CEO Pat Davies has been appointed as non-executive director to the board of BHP Billiton.

Cautious Lonmin sticks to growth plans

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Prevailing price volatility in the platinum market and an overhang in supply will not sway PGM producer Lonmin to abandon its $2bn five-year growth program, for now.

Anooraq/Atlatsa: new name, same problems

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Anooraq Resources has officially changed its name to Atlatsa Resources Corporation, but the challenges facing the stricken PGM producer remain as real as ever.

Fuel cell players eye cellphone firms

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Cellphone companies are the likeliest large scale entry points for a South African platinum fuel cell industry, for which Anglo American Platinum is paving the way.

Platinum plunged into surplus as inventories weigh

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Platinum swung into a 430,000 oz surplus in 2011 and was unlikely to recover in 2012 as falling output from South Africa was easily offset by the release of the metal from inventories.

Transnet unveils concept for own coal terminal

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Transnet has floated the remarkable idea that it may develop and manage its own export-dedicated coal terminal in an effort to boost the fortunes of small- scale, black-owned coal miners.