Off The Wires

‘We have learned lessons’: Dames

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Brian Dames, CEO of Eskom, said South Africa had learned important lessons in building capital intensive infrastructure projects.

Vale resumes Mozi coal exports

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Vale, the Brazilian iron ore and coal producer, said it had resumed exports from its Mozambique mines following a protest by the community.

SA police to block abandoned gold shafts

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South African police are to block the entrance to abandoned shafts at Durban Deep mine west of Johannesburg in an effort to halt illegal mining

Amcu protest brings Lonmin’s Marikana to halt

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Shares in Lonmin retraced yesterday's gains after members of the Associated Mineworkers & Construction Union arrived at work but refused to go underground.

Mined platinum supply lowest in 12 years

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Newly mined platinum supply fell to its lowest level in 12 years creating a small deficit, according to Johnson Matthey's annual review.

Mathunjwa draws line in sand at Amplats

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Joseph Mathunjwa, secretary-general of Amcu, pledged to pursue all possible avenues available in law in an effort to stop Amplats' restructuring efforts.

TFR to shut coal line for 12 days in May

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Transnet Freight Rail, a division of Transnet, said the Richards Bay coal line will shut for 12 days for annual maintenance and expansion development reasons.

JP Morgan improves as mining team leaves

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The departure of Ian Hannam of JP Morgan Cazenove was one of the reasons for the £70m decline in administrative expenses at the banker during its 2012 financial year.

Lessons learned will help wage talks: Mboweni

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Lessons learned from 2012 would hold the mining industry in good stead as it set about wage talks with unions later this month, said Tito Mboweni of AngloGold.

Kinross to reconfigure struggling mines

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J Paul Rollinson told Bloomberg News now was not the right time to sell the firm's high cost mines, such as Tasiast in Mauritania, but rather to reconfigure them.