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Demands “written in blood”: Mathunjwa

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Joseph Mathunjwa, president of AMCU, said the union's demands for a R12,500 per month basic wage for members had been "written in blood" at Marikana.

Eskom drops Tsotsi man for inquiry

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Nick Linnell, appointed by former Eskom chairman, Zola Tsotsi, to head a probe into the power utility's affairs, has been dropped from the investigation.

Coal prices heading for 2.1% lift to 2019

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The International Energy Agency said prices for coal would rise 2.1% a year until 2019 as rising Chinese demand would more than offset OECD declines in growth.

SA mining sector in trouble, says Patel

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South Africa's minnig sector was "in trouble" amid job losses and lower commodity prices, said economic development minister, Ebrahim Patel.

Union wage demands send rand to low

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Wage demands from the National Union of Mineworkers sent the rand to a four-year low against the dollar.

DRC sells copper deposit for $10m to Mutanda

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Gecamines, the Democratic Republic of Congo's copper deposit, sold its Chabara mine permit to Glencore for $10m as it sought to meet transparency rules.

Chile miners’ rescue operation on track

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Chilean President Sebastian Pinera is jubilant about the current rescue operation being conducted at the San Jose mine, but cautiously warned that the rescue the saga wouldn't be over until all 33 men are out.

Low diamond prices push Petra into red

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Petra Diamonds reported an interim loss of $2.2m, reflecting a tough six months of low rough diamond prices.

Gold Fields to lift output 10% in Q3

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Gold Fields is set to demonstrate the effects of uninterrupted production at its Ghana gold mines in the third quarter.

Economy will recover from strike: Davies

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Rob Davies, trade and industry minister, said South Africa would recover from the five month platinum strike as minerals beneficiation took centre stage.