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South32 adds four directors to board

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South32 has nominated Ntombifuthi (Futhi) Mtoba, the former chairwoman of Deloitte South Africa, as one of four new non-executive appointments.

Trafigura to shut flagship hedge fund

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Commodities trader, Trafigura, is to close its flagshp Galena Metals Fund owing to the continued slump in metal prices.

Zambia to meet with Vedanta on job cuts

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Zambia's mines minister said he was keen to meet Vedatan to discuss the firm's plans to retrench just over 1,500 jobs.

Congo delays copper export ban

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The Democratic Republic of Congo said it had delayed a copper and cobalt concentrate export ban to December.

RBPlat cuts Shaft Sinkers Styldrift contract

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Royal Bafokeng Platinum has cut its contract with Shaft Sinkers on the Styldrift 1 project after the services firm's CEO and CFO left the company.

Darwendale start of Russia, Zim co-operation

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Russia's trade minister sees the joint development of Zimbabwe's largest platinum mine as the start of bi-lateral co-operation between the two nations.

Govt. prepares urgent Eskom recapitalisation

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The recapitalisation of Eskom had become urgent amid fears credit ratings agencies would downgrade the power utility to below investment grade status.

Anglo, BHP may sell manganese assets

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Anglo American and BHP Billiton were in talks to sell their interests in their respective South African and Australian manganese assets for $1.3bn.

Malema tells US EFF will own SA mining sector

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Julius Malema said that in power his Economic Freedom Fighters would establish a state-owned mining company that owned the country's mining sector.

Iron ore to rally by year-end

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The price of iron ore would rally off its lowest levels in five years by the end of 2014 as high cost production closed and the steel market improved.