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Central Rand battles the rising tide

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Rising levels of underground water forced the UK's Central Rand Gold to mine shallower gold which was lower grade.

Glencore holding gun to head: Molefe

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Eskom CEO, Brian Molefe, felt as if Glencore was holding "a gun to his head" in coal contract negotiations.

CoAL sees way to raise $23.4m in equity

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CoAL of Africa said a proposal to sell shares for $23.4m to Haohua Energy International had been approved by the Chinese firm's regulators.

Tiger to boost Congo Tipol project a third

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Tiger Resources to draw down on $137m credit facility in effort to boost Congo's Kipol copper project a third.

SA sets aside R5bn for mining, technology

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South Africa finance minister, Nhlanhla Nene, set aside R5bn of the country's R1.24 trilliion budget to mining and technology industries.

Hayward confirmed as Glencore chairman

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Tony Hayward has been appointed chairman of Glencore Xstrata, a role he currently holds on an interim basis.

Acacia parts ways with COO Ash

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Acacia Resources said it had parted ways with its chief operating officer, Michelle Ash, leaving the direct operating responsibility with CEO, Brad Gordon.

Markets welcome Kganyago appointment

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Economists welcomed the appointment of former National Treasury director-general, Lesetja Kganyago, as South Africa's new Reserve Bank governor.

Barrick mine threatened by Zambia royalty hike

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Barrick Gold said a planned increase in royalties by Zambia would threaten the viability of its Lumwana mine.

Harmony suffers fataility at Masimong

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A fall of ground at Harmony Gold's Masimong mine took the life of a miner last night, the gold producer said.