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Coal miners told improve or face regulation

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South African coal miners were told to either improve the quality of coal supply to Eskom or face government regulation.

Funding for R220m ERPM sale finalised

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DRDGold would double its cash balance once it had sold mineral rights in ERPM, a transaction that had now received funding.

Zim CoM will engage with Mugabe regime

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Zimbabwe's Chamber of Mines would engage with the country's government in an effort to achieve growth.

CoAL to finalise Makhado by mid-2016

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Coal of Africa said the process of identifying potential strategic partners to help it fund the Makhado coking coal project was "on track".

Lonmin directors to quit board in 2014

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David Munro and Mahomed Seedat would not seek re-election to the platinum firm's board at its AGM scheduled for January 30.

Vedanta founder Agarwal to give up wealth

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Vedanta founder Anil Agarwal is to donate 75% of his $3.3bn fortune to charity after meeting Bill Gates, the Microsoft founder.

Exxaro to post 20% earnings slide

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A lower contribution from equity accounted investments would rub out the gains achieved in Exxaro Resources' coal division for the 2015 financial year.

Transnet raise R13bn for locomotives

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Transnet raised R13bn for the purchase of 1,064 locomotives which completes the funding target the government-owned firm said it wanted to finalise this year.

Mantashe cautions DMR over political strike

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Gwede Mantashe, general-secretary of the ANC, has questioned the political nature of the platinum strike and warned the mines minister to handle the issue with care.

Platinum volatility at lowest in 9 years

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Volatility in platinum trading was at its lowest in nine years signalling diminishing interest in the metal.