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State, ICT to appeal Sishen judgment

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THE Department of Mineral Resources and Imperial Crown Trading 289 seek to appeal against the judgment of the Supreme Court in the case over a Sishen mining right.

Sibanye reserves intact despite gold turmoil

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Sibanye Gold says the current gold price will not affect the value of its stated ore reserves.

Draft released for indigenisation step change

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Zimbabwe's government has confirmed it is developing amendments to its indigenisation policy so that foreign miners will no longer be compensated for ceding majority shares to locals.

BHP, Eskom in tussle over environmental levy

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BHP Billiton is not prepared to continue paying the environmental levy for the power its Southern African aluminium smelters consume, says Eskom.

Northam working again

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Northam Platinum has recommenced mining operations after reaching an agreement to resolve an unprotected strike which has cost the miner R192m in revenue.

Eastplats halts CRM funding

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Eastern Platinum has suspended the development of its Crocodile River Mine, citing a host of factors.

Forevermark: De Beers’ great retail ambition

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De Beers' executive Stephen Lussier wants the Forevermark to become a foremost brand in jewellery - an ambition the group has the market savvy to foster.

RBPlats bounces on positive production report

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Royal Bafokeng Platinum has closed almost 5% higher following the release of a favourable quarterly production report.

SA shares may restate reserves after gold ‘hit’

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The price of gold is expected to recover following an orchestrated hit a week ago, but it's less clear what lies in wait for South African gold equities.

Amplats figures highlight need for rightsizing

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Based on Anglo American Platinum's first quarter production figures, the importance of finding a way forward with the restructuring of the company cannot be overstated.