Off The Wires

Eskom strives to end load-shedding

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Brian Molefe, acting CEO of Eskom, said the power utility was reviewing its maintenance plan in an effort to eliminate load-shedding in the future.

Trans Hex to post lift in full-year earnings

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Trans Hex said it would post a huge lift in full-year share earnings owing to an improvement in operations and a disposal of an investment.

AngloGold unaffected by conflict free law

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AngloGold Ashanti was unlikely to be affected by legislation obliging buyers of minerals to prove the products were 'conflict free'.

NUM to push for 84% gold wage lift

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The National Union of Mineworkers will push for an 84% rise in basic pay for entry-level gold mining workers.

NUM demands 15% pay boost for coal miners

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The National Union of Mineworkers has tabled a 15% wage increase demand for members working at South Africa's coal mining companies that includes Glencore.

Congo mining sector under kosh

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The Democratic Republic of Congo's mining sector was under pressure owing to increased energy costs, low commodity prices and the risk of higher taxes.

Carbon tax “an absurdity” for SA mining

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Mike Teke, president of the Chamber of Mines, has criticised plans to introduce a carbon tax in South Africa where up to 40% of platinum mines were loss-making.

US fines BHP $25m in Olympics bribery case

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BHP Billiton is to pay $25m after falling foul of a US anti-bribery law related to the attendance of African and Asian government officials at the 2008 Beijing Olympics.

GEM lifts diamond sales

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Gem Diamonds lifted diamonds sales in the year to date owing to an increase in high-grade diamonds from its Letseng mine in Lesotho.

De Beers to sell Kimberley tailings

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De Beers is to sell its Kimberley tailings operations up for sale in the hope that in new hands the life of the operation will be extended to 2030.