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Zimplats workers strike over power bills

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WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.

Implats says 5,000 workers on strike

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Impala Platinum says 5,000 workers at its Rustenburg operations have downed tools over wages, but a court order has declared the strike involving drill operators illegal.

Amplats, Anglo fall on trading update

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ANGLO American Platinum’s shares have nosedived and dragged down parent Anglo American, following a worse-than-expected trading statement.

Implats’ Brown resigns, offers Zim help

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David Brown, CEO of Impala Platinum, calls it a day after 14 years on the platinum firm's board, but promises to assist with the firm's Zimbabwe affairs if asked.

Friedland to storm back with IvanPlats

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Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.

Platinum miners not worried by power cuts

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SA's platinum miners say they are confident there would be sufficient electricity to power their mines this month, despite Eskom's warning of tight supply.

Keysha keen on Lonmin partnership

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Keysha Investments says it wants to talk to Lonmin on how the firms can mine a portion of Marikana together, following the dismissal of Lonmin’s appeal over Keysha’s prospecting right.

Desperate PLA lets go of Smokey Hills contractor

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Platinum Australia is hoping for a fresh start after a share price plunge of around 90% in 2011, announcing it will from now on conduct its own operations at the Smokey Hills mine.

Lonmin’s pains hit CEO Farmer’s pocket

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Lonmin CEO Ian Farmer had to let go of some R3m’s worth of incentive shares in the last two months, following the miner’s failure to meet targets.

Zimplats ‘hit with $28m royalties bill’

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Zimbabwe has instructed the bankers for Zimplats to pay $28.3m in outstanding royalty payments, which the platinum miner is disputing, reports state media.