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Mining Indaba 2015

Write-downs mar Aquarius Pt record output

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Write downs on the carrying value of Blue Ridge and Sheba's Ridge doubled the firm's net loss and offset the effects of record production.

PGM pessimism over-cooked, copper strong

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Whilst there were problems in the platinum sector, there were reasons to be cheerful, analysts said, adding that the prospects for copper were also sound.

Northam in R450m swoop on Everest mine

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Northam Platinum is to buy the mothballed Everest mine from Aquarius Platinum taking output 250,000 ounces a year higher.

Ramatlhodi grasps nettle on wealth gap

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Ngoako Ramatlhodi, South Africa mines minister, unveiled a number of plans to narrow the wealth gap including special economic zones

Amplats sets about 20-year technology leap

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Anglo American Platinum CEO, Chris Griffith, said urgent modernisation of the industry is required to arrest the effects of mining inflation.

“Nothing to support iron ore” in 2015: Kumba

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Norman Mbazima, CEO of Kumba Iron Ore, was bleak on the prospects for the mineral in 2015 saying the price was unlikely to improve.

Randgold’s Bristow says time to buy is nigh

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Mark Bristow, CEO of Randgold Resources, has made a habit out of M&A caution, but the gold industry is so indebted currently, that the time has come to buy.

Briggs downplays gold consolidation options

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Consolidation in the South African gold industry was not on Harmony Gold CEO, Graham Briggs agenda as it attempts to fix the firm's operational problems.

AMCU gold sector influence rapidly growing

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However, gold company CEOs Graham Briggs and Neal Froneman don't think the union will be strong enough to force a long strike when wage talks roll around.

Amplats’ Unki threatened by Zim 15% levy

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Anglo American Platinum would halt an expansion of its Unki mine in Zimbabwe were the country to proceed with a 15% export levy, the company said.