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JPMorgan bankers join ranks of private equity

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Former JPMorgan Chase bankers Michael Scherb and Verne Grinstead raised $375m for their private equity company and want to complete a deal in Africa.

Zuma urges shake up of energy sector

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South African president Jacob Zuma said the country's energy sector was due a radical shakeup to accommodate nuclear and "game-changing" shale gas.

Zwane hails end of ASA sit-in

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South African mines minister, Mosebenzi Zwane, hailed the successful conclusion to an underground sit-in by 200 miners at the property of ASA Metals.

Gold Fields to derisk South Deep

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Gold Fields is considering two alternative mining methods that would derisk its South Deep project.

Lawyer calls for ‘industry-wide’ settlement

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Richard Meeran, an attorney for Leigh Day, said the mining sector ought to come up with an industry-wide settlement for silicosis sufferers.

AMCU leaders to huddle as pressure rises

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Leaders of the Association of Mineworkers & Construction Union will consult today on "the way forward" as members head for their second month without salaries.

Zuma to rescue Lesotho peace deal

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South African president Jacob Zuma will attempt to recuse the peace deal he brokered in Lesotho.

BHP to protect balance sheet after downgrade

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BHP Billiton, the world's largest mining group, said it was committed to maintaining its strong balance sheet "through the cycle".

Baxter appointed CEO of Chamber of Mines

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Roger Baxter has been appointed CEO of the Chamber of Mines effective May first following the early retirement of Bheki Sibiya.

Blackthorn’s Perkoa due to ship first ore

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First zinc ore from the Perkoa project, owned by Australia's Blackthorn Resources in joint venture with Glencore, was due to leave the port in Cote d'ivoire by year-end.