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EU says nuclear stress tests completed by mid-year

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Stress tests on European Union nuclear facilities would be completed by the mid- year with EU Energy Commissioner, Guenther Oettinger, saying thoroughness was essential.

Glasenberg’s rebuffs calls to lift Xstrata bid

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Glencore's Ivan Glasenberg said he hoped people would review the numbers and see his firm's $36.3bn bid for Xstrata truly represented a merger of equals.

Exxaro forms IPP with India’s Tata Power

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Exxaro Resources has taken its first steps in developing an energy division by forming a joint venture to establish an independent power producer with India’s Tata Power.

Village bags R413m, special dividend likely

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As suggested before, Village Main would most likely pay out a special dividend from the First Uranium asset sales that net R413m for Bernard Swanepoel’s company.

Mandela, Zuma to face criminal charges

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Aurora’s Zondwa Mandela is to be served with papers that he defrauded the JSE, says the Joint Provisional Liquidators of Pamodzi, who added Khulubuse Zuma would also be in the firing line.

Namaqualand deal ‘progressing’, says Trans Hex

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Trans Hex said discussions were ongoing to buy De Beers Consolidated Mines' Namaqualand Mines, a transaction first opened nearly a year ago.

Impala’s Rustenburg resumes production

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Impala had rehired 14,950 workers at its key Rustenburg mine which was ready to restart production following a crippling six week strike which cost the operation 120,000 ounces of output.

Tharisa secures R1bn funding for plant

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Tharisa Minerals has raised R1bn for a chrome and platinum group metal mine and concentrator from HSBC Holdings.

Glencore unlikely to bump Xstrata offer

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Glencore will today address investors for the first time since unveiling plans for a $90bn merger with Xstrata, an offer that is unlikely to be amended upwards, analysts say.

Gold One offers $70m for First Uranium’s Ezulwini

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Gold One gives further signal it wants uranium as well as gold exposure after concluding its second uranium deal in the last 12 months.