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Miners must maintain 26% BEE level

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South African mines minister, Ngoako Ramatlhodi, said he did not subscribe to the once-empowered, always-empowered principle.

Kgadima PetroSA appointment rescinded

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The appointment of Tshepo Kgadima as chairman of PetroSA has been rescinded following controversy about his coal mining dealings.

Zim in $210m foreign infrastructure loan

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Zimbabwe received $210m in foreign loans for infrastructure projects in the first half of 2015, the country's central bank said.

Ramphele quits party politics

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Mamphela Ramphele's brief career as a politician has ended in disaster with analysts fearing for the future of her newly founded party, Agang.

De Beers’ Gahcho Kue project approved

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The Gahcho Kue diamond project, described as one of the world's best, received the approval of Canada's government.

Medupi work grinds to a halt: Numsa

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Work at Eskom's Medupi power project ground to a halt as workers in their thousands stayed away in protest of others who had been fired.

Namibia to invite rail tenders by year-end

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Namibia was hoping to kickstart plans to build a $15bn, 1,500 kilometre rail-route from Botswana's Mmamabula coalfields to its port at Walvis Bay.

Transnet signs MoU with Chinese

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South Africa's Transnet has signed a memorandum of understanding with Chinese locomotive manufacturer CSR Zhuzhou Electric Locomotive.

BHP to seek $6bn credit refinance

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BHP is to seek $6bn in a revolving credit facility that will see it take advantage of the lowest borrowing costs offered to investment grade companies in years.

Rio’s Walsh says spending recognised

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Rio Tinto CEO, Sam Walsh, says investors are recognising again the need for mining companies to spend for long-term development.