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Shabangu tells ANC to drop nationalisation

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Mining Minister Susan Shabangu has warned the ANC to axe nationalisation once and for all at its Mangaung conference if it wants to save the economy.

De Beers registers $750m in October sight

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De Beers’ marketing arm, the Diamond Trading Company, is estimated to have sold $750m in rough diamonds, the best sight of the year so far.

Presidential summit to discuss strike wave

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President Jacob Zuma has summoned business, labour and civil society leaders to a meeting on Friday in a bid to find solutions to the current wave of violent strikes, reports BDLive.

Some damage already permanent – Holland

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Some of the damage caused by the spate of strikes across the mining industry is already permanent, warns Gold Fields CEO Nick Holland.

Holgoun scores R36m in Marikana right sale

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Holgun Group sells the right to mine and market "associated metals’ produced from a section of Lonmin’s Marikana mine, settling a dispute that drew disquiet over SA’s security of tenure.

Gold miners offer lifeline in wage talks

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The Chamber of Mines has agreed to give striking workers in the gold industry more time to consider employers’ wage increase proposals.

Grades, tremors add to Blyvoor’s woes

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A striking workforce is not the only challenge Village Main Reef faces at its recently acquired Blyvoor mine.

Gold miners reject pay offer – report

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UPDATED: Striking gold miners have rejected the industry’s latest wage offer, reports news agency Reuters.

Amcu storms out of central bargaining talks

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The Associated Mineworkers and Construction Union (Amcu) has stormed out of talks regarding a central bargaining forum for the country’s platinum sector.

Project slippage a global phenomena: Accenture

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Capital project budget and scheduling slippages are extremely common globally, said Accenture, adding that South Africa’s Eskom was "not alone' in its implementation challenges.