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RBCT deliveries interrupted until Feb 9

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Disruption to power cables would see coal deliveries to Richards Bay Coal Terminal interrupted until the week ending February 9, said Transnet Freight Rail.

Gold Fields allowed strike respite

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Gold Fields has been granted an interim court order blocking an indefinite strike by workers at its South Deep gold mine, the company says.

Loudon questions diamond market recovery

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Paul Loudon, CEO of DiamondCorp, said the firm would remain flexible on maiden sales of some 7,449 carats recovered so far from its Lace operation.

AMCU to test members’ appetite for strike

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AMCU will meet with members this week to see if they want to stick with demands for a doubling in entry-level wages for platinum mine employees.

Lonmin, unions to blame for Marikana atrocity

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Lonmin did not use its best endeavours to resolve disputes and AMCU did not exercise effective control over members in the run up to the 2012 shootings of 34 miners.

SA to use mineral export taxes in long term

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Export taxes on commodities may become a reality for South Africa in the long-term after it resisted the EU's call for a prohibition on them.

RBPlat gives nod to R2.8bn housing plan

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Royal Bafokeng Platinum has given its in-principle approval for a 3,100 housing plan costing R2.8bn pending establishment of ring-fenced developmental finance.

Labour Appeal Court rejects AMCU gold strike bid

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SOUTH Africa's Labour Appeal Court has dismissed an application by the Association of Mineworkers and Construction Union (AMCU) to appeal an interdict preventing a...

Miners facing new wave of write-downs

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Miners will be pushed into a new wave of write-downs and dividend cuts, but BHP Billiton may be able to maintain its progressive dividend policy.

Gold decline will spur consolidation: Kinross

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Gold was due for its first annual decline in 13 years this year which would spur consolidation among producers, said Paul Rollinson, CEO of Kinross Mining.