Off The Wires

Eskom points finger at Mitsubishi again

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Eskom said a crucial steam test at Medupi had failed benchmark testing but that it would put in mitigating steps to avoid a further delay at the project.

RBPlat contractor killed at BRPM

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Royal Bafokeng Platinum said a contractor working at Bafokeng Rasimone Platinum Mine was killed during a fall of ground incident.

Diamond prices in heavy Q4 decline

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Diamond prices suffered their largest quarterly drop in more than two years after banks cut credit to the sector forcing diamond producers to sell more product.

SA braces for new load-shedding season

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South Africa was bracing itself for renewed load-shedding after Eskom said it was fearful the power grid would be constrained again following the summer holidays.

Centamin 2015 forecast disappoints analysts

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Centamin's 2015 gold production forecast of some 420,000 ounces was likely to disappoint analysts.

Guinea may revoke more iron ore licences

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Guinea said there were motives for withdrawing additional mineral licenses although it added no decision had been taken to date.

Sibanye held back by Eskom power woes

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Sibanye Gold said it could not commit to mine deepening projects owing to unreliable and high cost electricity supply from Eskom.

Eastplats in $27m minorities buy-out

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Eastern Platinum said it was required to buy out minority interests for about $27m in terms of its cash deal with China's Hebei Zhongbo.

China iron ore stocks at 11-month low

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Stocks of iron ore fell to their lowest level down some 0.9% to 100.6 million tons as mills in China replenished holdings after prices fell.

Debswana to install crime-beating X-rays

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De Beers issued a notice saying that the move of its diamond trading operations to Botswana had the potential to attract sophisticated criminal syndicates.