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DRDGold to spend R23m on Ergo expansion

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DRDGOLD is to spend R23m expanding its Ergo gold retreatment plant by 300,000 tonnes per month to 2.1 million tonnes/month

RBPlat, Bafokeng face land claim struggle

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The Bafokeng Land Buyers' Association said it would oppose a mining permit application by Royal Bafokeng Platinum, Impala Platinum and the Bafokeng Nation.

Gold firms, NUM finalise wage deal

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South Africa's gold producers confirmed widely expected news that they had signed an 8% wage increase with the National Union of Mineworkers.

Aquarius to review shafts as platinum falls

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Aquarius Platinum would conduct a viability test of each of its shafts following further downward pressure on the dollar platinum price.

AMCU rejects platinum firms’ ultimatum

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The Association of Mineworkers & Construction Union said he would continue to strike ignoring a plea from the industry that failing to end the strike would result in job losses.

Mugabe replaces mines, indigenisation ministers

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Saviour Kasukuwere and Obert Mpofu were both replaced as minister in Zimbabwe after president Robert Mugabe announced sweeping cabinet alterations.

SA PGM output to fall: Norilsk Nickel

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Production of platinum group metals in South Africa would fall in the future owing to under investment, said the Russian miner.

AMCU’s Mathunjwa wants the money

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Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union, has dismissed proposals from gold miners for a social pact.

Kumba to post one fifth earnings fall

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Kumba Iron Ore would post a one fifth decline in interim earnings but said it was taking further actions to rein-in costs.

Universal bags R525m loan for NCC

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Universal Coal said it had secured R525m in debt from Investec Bank to fund the second phase of its New Clydesdale Colliery.