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Anglo American settles 23 silicosis claims

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Anglo American South Africa said it reached an undisclosed cash settlement with 23 former miners who had contracted silicosis.

Platinum producers may mothball mines

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South Africa's platinum producers may take the drastic step of mothballing mines in Rustenburg affected by the 20-week strike in the sector.

Zambia sells ZCCM stake for $79m

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Zambia has sold a stake in copper producer ZCCM to its National Pension Scheme Authority for $79m to help plug a forecast fiscal gap.

Sallies posts diluted headline loss

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Fluorspar miner Sallies reported a diluted headline loss per share of 8.7 cents for the year ended June 2010 after a headline profit per share of 2.3 cents a year ago.

Kumba full-year numbers to be 20% lower

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Kumba Iron Ore said full-year earnings were expected to be a fifth lower owing to a decline in iron ore export prices.

NUM tables opening wage demand of 37% for gold miners

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SOUTH Africa's National Union of Mineworkers (NUM) has submitted its first gold industry wage demand calling for a 37% hike over two years, said...

Mining pact unravelling after NUM hits out

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An agreement between unions and the mining sector to preserve mining jobs wherever possible was in danger of unravelling.

Jubilee weighs toll treatment offer

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Jubilee Platinum is considering an offer to process ore that will help it part fund the recommissioning of a mine owned by its buy-out target, Platinum Australia.

Medupi start-up to make little difference

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Insufficient maintenance of its existing fleet means power availability of Eskom's fleet has fallen drastically.

Rand 10% too expensive: report

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The South African rand is too expensive and had to fall about 10% in order to make the economy expensive, according to reports.