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Merafe positioned to withstand depressed market

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Merafe Resources paid a dividend and lowered debt despite weaker interim results and said it was well positioned to withstand weak market conditions.

Cutifani’s Anglo succeeds or is lunch

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Paul Gait, an analyst at Sanford C. Bernstein said Anglo American is either turned around or it will be bought out "in fairly short order".

Universal Coal to make cash distributions

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Universal Coal said it was in a position to repay shareholder loans or pay dividends following the successful ramp-up of its Kangala coal mine.

Duvha incident won’t lead to loadshedding

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The over pressurisation of a boiler at Eskom's 3,600MW Duvha power station was unlikely to lead to renewed load shedding, the power utility said.

AMCU’s Mathunjwa rejects minimum wage

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Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union, dismisses Cosatu proposals for a minimum wage as "a gimmick".

FirstRand exposed to $200m iron ore debt

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FirstRand and Standard Chartered were two of several banks exposed to a $200m loan to London Mining, the stricken UK-listed iron ore producer.

AMCU, Amplats disaffection rumbles on

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Disaffection between AMCU and Amplats rumbled on after the union's president said it was not consulted about the proposed sale of platinum mines in Rustenburg.

Amplats returns to profit for FY13

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One-off restructuring costs and a write-down impacted on Amplats' full-year figures but higher volumes and a weaker rand helped it into a profit.

SA braces for new load-shedding season

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South Africa was bracing itself for renewed load-shedding after Eskom said it was fearful the power grid would be constrained again following the summer holidays.

DRDGold to post interim share earnings lift

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DRDGold is to report a significant uplift in interim share earnings owing to higher gold production, the company said.