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Platinum fund may have been looted

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A fund for the upliftment of a community near Marikana may have been looted, according to an investigation by Scopa.

Molefe says SA can’t afford coal charges

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South Africa could not afford the cost of coal charged by some mining companies, said Brian Molefe, CEO of Eskom.

Operations normalised at Northam’s Booysendal

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Northam Platinum said production at its Booysendal mine in Steelpoort had been "normalised" following community protests in the area.

Lonmin, Amcu move to arbitration

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Lonmin and the Associated Mineworkers & Construction Union put a settlement on a recognition agreement to an independent arbitrator after negotiations failed.

SA gold mines face second cost-cutting round

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South African gold mines may face another round of cost-cutting and possible restructuring as the price of bullion would remain weak in 2014.

Esops deemed to have failed BEE

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Employee Share Ownership Schemes have not benefited workers who received them, experts said.

Guptas have “undue influence” over Zuma: report

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The Gupta family had captured political authority in South Africa through its undue influence over President Jacob Zuma.

Diamonds suffer Q4 deflation, recovery due

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James Campbell, CEO of Rockwell Diamonds, painted a relatively sombre picture for the world's diamond sector, but said there were grounds for optimism.

X2’s Davis “under pressure” to deal

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X2 Resources founder, Mick Davis, was under pressure to conclude mining deals but was having difficulty finding sellers, according to a report.

Iron ore prices weaken to 2012 levels

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The price of iron ore fell for the fourth successive week to nearly $100/t amid a supply glut that would continue into 2015, analysts said.