Off The Wires

Mwana consider restarting nickel smelter

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Mwana Africa, the UK-listed firm, is considering restarting its Bindura nickel smelter in Zimbabwe after prices for the metal supplied as a concentrate plummet.

SA economy grows at slowest rate since 2009

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South Africa's economy grew at the slowest rate in the first quarter since the 2009 economic recession with labour and power outages considered key risks in the future.

Congo confident Inga II will start 2015

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The Democratic Republic of Congo said it was confident of starting construction of the Inga II hydroelectric station despite two earlier failed attempts.

Africa growth to reach 4.5% this year

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Africa's economic growth was expected to increase to 4.5% from 4.2% last year owing to oil and mining projects, according to a report by the African Development Bank.

NUM to call indaba before wage talks begin

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The National Union of Mineworkers wanted "peaceful and mature" wage talks and is to call a pre-bargaining indaba to establish the rules of the game with stakeholders.

Govt to establish precious metals committee

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The South African government is to establish a high profile committee aimed at calming tensions ahead of wage negotiations in the platinum and gold sectors.

Canadians buy Great Basin’s Hollister mine

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A Canadian investment company has bought the Hollister mine formerly owned by Great Basin Gold after the latter went into liquidation.

Lanxess workers return for work

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German chemicals group Lanxess said workers had returned to work at its chrome mine in Rustenburg after agreeing new wage terms last week.

Lonmin, Amcu move to arbitration

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Lonmin and the Associated Mineworkers & Construction Union put a settlement on a recognition agreement to an independent arbitrator after negotiations failed.

Zambia investment firm ZCCM urged to list

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A private investment company in Zambia is being urged to list, preferably in London while private investors also want their representative elected to the board.