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SA has three months to avoid credit downgrade

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South Africa would have to deliver on national budget promises to cut spending and raise taxes in order to avoid a credit downgrade.

DiamondCorp posts loss, Lace on time

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DiamondCorp posted a higher loss in 2014 despite reining in administrative costs, but added that underground mining from Lace in Lesotho was on schedule.

Froneman is Mines & Money CEO of 2015

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Sibanye Gold CEO, Neal Froneman, has been voted CEO of the year by Mines and Money, an annual UK conference and exhibition.

“Eskom let us down very badly”: Motsepe

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African Rainbow Minerals executive chairman, Patrice Motsepe, let rip at Eskom saying the power utility had let South African down "very badly".

Former Lonmin boss calls for mechanisation

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Brad Mills, the former CEO of Lonmin, said South Africa's platinum sector should have followed a long-term strategy of investing in mechanisation.

Safety stoppages cost SA mining R13.6bn

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South Africa's mining industry lost an estimated R13.6bn in revenue since 2012 owing to safety stoppages.

Petra lifts output despite SA strikes

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UK-listed Petra Diamonds lifted September quarter carat production despite being hit by strikes at three of its four South African mines.

Impala Platinum beefs up board

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Bernard Swanepoel, the non-executive chairman of Village Main Reef, is one of three new independent, non-executive appointments to the board of Impala Platinum.

Amara considers selling Baomahun

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Amara Mining would consider finding a partner or selling its Baomanun project in Sierra Leone in order to finance its lower cost Yaoure project in Ivory Coast.

Better for Amplats to suffer strike

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It was better for Anglo American Platinum that it suffer the effects of a strike than to bow to union demands to reconsider restructuring its operations, an analyst said.