Off The Wires

Lonmin won’t negotiate wages separately

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Lonmin said it would continue to negotiate with its counterparts in the platinum industry rather than break into its own discussions over wage increases.

Guinea says Rio aim for deal by year-end

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Rio Tinto should aim to complete an investment agreement in Guinea's iron ore district before the year-end, the country's newly appointed mines minister said.

Forbes Coal finalises $4m bridging loan

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Forbes Coal has closed on the first tranche of a $25m refinancing with a $4m bridging loan. The company also announced changes to its board.

Exxaro may sell 44% stake in Tronox

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Instead of building its 44% to in excess of 50% in Tronox, Exxaro Resources may quit its investment in preference to coal projects in the Waterberg coalfields.

Harmony recovers eight miners’ bodies

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The bodies of eight of nine employees left unaccounted for after a fire broke out at Harmony Gold's Doornkop mine have been recovered.

CoAL’s R80m Woestalleen sale approved

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Coal of Africa, which recently appointed David Brown as CEO, said it had won approval from the DMR for the sale of its Woestalleen complex.

Nine miners missing in Doornkop fire

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Harmony Gold said eight miners had found safety in a refuge bay but nine others were missing at the west Rand mine where a fire broke out on February 4.

DRDGold posts 62% fall in cash profit

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DRDGold was hit by the lower gold price and delay in construction of its flotation, fine-grind plant at its Ergo plant in Brakpan.

Fund may bid for AngloGold’s Navachab

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AngloGold Ashanti was discussing the sale of its Namibian mine, Navachab, with QKR Corporation, a private equity firm headed by former JPMorgan banker, Lloyd Pengilly.

Exxaro signs RoC mining convention

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Exxaro Resources said it had concluded a mining convention with the Republic of Congo giving a lift to its ambitions of building an iron ore mine in the country.