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Kenmare to cut up to 20% of Moma staff

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Recent cost cutting efforts were insufficient to head off lower mineral prices said Kenmare Resources which is to cut staff at its Moma facility by up to 20%.

Smith leaves Wesizwe Platinum

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Paul Smith, COO of Wesizwe Platinum, has quit the company with immediate effect.

Panel to weigh SA oil and gas legislation

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A ministerial panel is to weigh up proposed oil and gas legislation with a view to deciding whether it encourages foreign investment.

Ramatlhodi to accelerate MPRDA changes

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South Africa mines minister, Ngoako Ramatlhodi, said he hoped new mining law amendments ought to be in place by mid-year.

NUM says killing part of ‘onslaught’

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The killing of a shop steward on Monday was described by the NUM as part of an onslaught against it by the Association of Mineworkers & Construction Union.

HSBC lifts rating on AngloGold

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HSBC lifted its rating of AngloGold saying that the company produced a solid operating performance in the third quarter.

Metmar smacked by deteriorating market

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Metmar said headline losses for the year ended February increased to R174m from R47m previously as the market continued to deteriorate.

Eskom warns of ‘tight system’ for two weeks

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Eskom said power availability would be tight for a fortnight following maintenance to unit one at Koeberg, the power utility's nuclear facility.

Mining charter facing ‘unconstitutional’ claim

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A South African attorney may derail an out of court settlement regarding the mining charter between the industry and the government.

Keaton shares boosted on Q1 output

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Shares in Keaton Energy were boosted as the company lifted first quarter production from its Vanggatfontein mine 48%.