Off The Wires

Baxter appointed CEO of Chamber of Mines

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Roger Baxter has been appointed CEO of the Chamber of Mines effective May first following the early retirement of Bheki Sibiya.

SA economy 10% bigger without Eskom woes

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The South African economy would have been 10% larger were it not for the power blackouts suffered by power utility, Eskom.

Global gold output tipped to decline in 2017

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Global production of gold was expected to decline sharply in 2017, according to analysts - a development that would end a six-year expansion in metal output.

Carbon tax on track for 2016 promulgation

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The proposed carbon tax was on track with a draft bill due for distribution in about two months' time, said South Africa's National Treasury.

NUM, BHP to discuss ESOP as Hotazel strike ends

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BHP Billiton said it would continue discussions with the union on claims relating to an Esop after the strike at Hotazel Manganese Mines is ended.

NUM to submit wage demands end-April

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The National Union of Mineworkers said it had delayed wage demands to the gold and coal sector but would finalise its position by the end of April.

Eskom drops Tsotsi man for inquiry

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Nick Linnell, appointed by former Eskom chairman, Zola Tsotsi, to head a probe into the power utility's affairs, has been dropped from the investigation.

Glencore settles annual Japan coal contract

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Glencore and Tohoku Electric Power Company have agreed a coal price of $67,80 per tonne of coal exported from Australia.

SA PGM output to fall: Norilsk Nickel

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Production of platinum group metals in South Africa would fall in the future owing to under investment, said the Russian miner.

South32 adds four directors to board

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South32 has nominated Ntombifuthi (Futhi) Mtoba, the former chairwoman of Deloitte South Africa, as one of four new non-executive appointments.