Off The Wires

SA, Lesotho embark on R15.5bn water scheme

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South African hopes that water from Lesotho will be increased 50% while Lesotho will benefit from an improvement in infrastructure.

Motlanthe may still continue mining role

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Kgalema Motlanthe may continue his role as arbiter in the mining sector after he retires from government in May.

China may buy Rio Tinto coal mine in Zim

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China Power Investment Corporation is considering buying a coal mine in Zimbabwe from Rio Tinto and establishing a $2.2bn power plant.

CoAL Goedenhoop sale approved by DMR

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Coal of Africa has had plans to sell its Opgoedenhoop property approved by the South African government.

Mozi to extract capital gains from Rio

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Mozambique said it hoped to extract a capital gains tax from Rio Tinto for its $4.2bn acquisition of the Benga coal mines from Riversdale Mining in 2011.

NCOP approves MPRDA amendments

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The National Council of Provinces today approved changes to the Minerals and Petroleum Resources Development Act.

NCOP to vote on MPRDA on March 27

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The National Council of Provinces is to vote on the controversial changes to the MPRDA on March 27.

Cosatu, EFF differ on platinum strike

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A strike in the platinum sector has drawn differing appraisals from the Economic Freedom Fighters and Costau.

Up to 70% of Bayside jobs may be lost

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The National Union of Metalworkers of SA said up to 70% of jobs at BHP Billiton's Bayside smelter would be lost.

Zim cuts fees, but only juniors benefit

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Zimbabwe cut fees for exploration of platinum but the improvement in industry competitiveness did not specially help established producers, said Aquarius Platinum.