Off The Wires

Base to start $305m titanium Kenya mine

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Australian listed mining firm, Base Resources, said it would begin exporting minerals from its $305m titanium prospect in Kenya before the end of the year.

AngloGold bonds boosted on new output

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Yields on AngloGold Ashanti's $600m bond due in 2020 fell as the market looked for more positive news on the gold producer.

AMCU to resume Amplats talks

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The Associated of Mineworkers & Construction Union sounded a note of optimism saying more talks with Amplats could get the parties closer.

Stick to firm policies: Major

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South Africa may not see another deep level mining investment if the government persists with using mining as a political tool.

AngloGold to cut 400 jobs in Ghana

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AngloGold Ashanti said its shift to mechanisation at its Ghana assets meant that its current cost structure was inappropriate.

Merafe rolls over Q3 ferrochrome price

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Merafe Resources said it had rolled over its third quarter European benchmark ferrochrome price for the fourth quarter.

Pan African agrees 8% wage increase

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Pan African Resources said it had agreed a two-year wage deal with NUM and UASA in which it would pay about 8% a year in salary increases.

Better for Amplats to suffer strike

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It was better for Anglo American Platinum that it suffer the effects of a strike than to bow to union demands to reconsider restructuring its operations, an analyst said.

SA coal producers agree wage lift

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Entry level workers in South Africa's coal sector will receive a 9.5% wage increase following agreement with unions including the National Union of Mineworkers.

Namibia won’t cut tax rate for Anglo

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Namibia said it would not cut its tax rate for Namdeb Diamond Corporation, a company in which Anglo American has a 50% stake.