Off The Wires

Buffalo wins extension for Toronto delisting

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Buffalo Coal Corporation said it had been granted an extension for the voluntary delisting of its shares from the Toronto Stock Exchange to November 30.

Wages may bring Lonmin to close in five years

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A combination of above inflation wage increases and zero productivity could sink Lonmin in the long-term.

Zambia unions want Govt to run Glencore mine

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Glencore is facing union opposition to its plan to cut jobs at its Zambian copper operation.

Anglo shakes up senior management ranks

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Anglo American announced a shake-up of its senior management ranks with Peter Whitcutt heading up the group's group marketing business.

Jubilee nears funding for surface platinum project

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Jubilee Platinum said funding for the construction and commissioning of proposed platinum re-treatment facilities was well advanced.

GEM lifts production expectations for 2015

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GEM Diamonds said prices for goods produced by Lesotho mine, Letšeng, remained 'robust' in the third quarter.

Exxaro to post 20% earnings slide

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A lower contribution from equity accounted investments would rub out the gains achieved in Exxaro Resources' coal division for the 2015 financial year.

Kabila resistance foments DRC anger

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Unrest grows in the Democratic Republic of Congo as fears that president Joseph Kabila will run for an unconstitutional third term foments anger.

Illegal mining cause of 10% of Gauteng murders

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The scourge of illegal mining accounts for 10% of overall murders in South Africa's Gauteng province, the local government said.

Miners write down $42.2bn in 12 months

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The world's largest mining companies have written down assets totaling $42.2bn in the last 12 months, a 46% increase year-on-year.