Off The Wires

Wasp to meet Xstrata chrome workers

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The Workers and Socialist Party, known as Wasp, is to meet striking workers at Xstrata's chrome mine in Steelport in South Africa's Limpopo province.

Lonmin fails to strike deal with Amcu

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Lonmin said it had failed to reach a deal with AMCU on a recognition agreement and as no talks were scheduled for today, the way is paved for strike action.

Eskom in deal with unions, contractors

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Eskom said it hoped for more stable employee relations at its Medupi and Kusile construction sites following signing of a new partnership agreement.

Rio will fail to launch Guinea project on time

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The mines minister of Guinea has said Rio Tinto was unlikely to launch the $20bn Simandou iron ore project on time.

MPRDA changes may raise mining costs

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Amendments to the Minerals & Petroleum Resources Development Act raised the prospect of higher regulatory costs for mining companies in South Africa.

Exxaro, Tata fund R7bn, 229MW wind farms

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Exxaro Resources and Tata Power Corporation have raised finance for two wind farms that will generate 229MW of power in terms of SA's renewable energy plan.

Glencore, Rio Tinto to combine Oz coal assets

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It has been speculated that Glencore Xstrata may combine its coal assets in Australia with those owned by Rio Tinto.

Jubilee postpones Platinum Australia merger

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The proposed merger has been held up by a liquidation order by JIC Mining against PhokaThaba, a subsidiary company of Platinum Australia.

Ivanplats files for mining right

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Toronto-listed IvanPlats has filed for a mining right application that could see it build a platinum mine known as Platreef.

Transnet issues R3.3bn in bonds

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Transnet has issued local bonds totalling R3.3bn in a move that the company says is proof the company's strategy is well supported.