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ANC wraps up Malema hearing, to rule this week

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The African National Congress will announce its decision this week on disciplinary charges against its youth leader, Julius Malema, says a senior official.

Pleming to help launch global fund

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David Pleming, who carved a name for himself dominating the investment analyst rankings, is to help launch a US-domiciled hedge fund.

Curtain down on Xstrata coal strike

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Xstrata will receive empowerment credits if it distributes its planned ESOP evenly across all work levels in terms of a strike settlement brokered by government.

Anglo, MPs in face-off over BEE targets

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Anglo American’s Godrey Gomwe has told parliament the group has already reached a black ownership target of 26%, and that figures suggesting otherwise were calculated incorrectly.

CoM makes strong case against carbon tax

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The Chamber of Mines has fired the first salvo at its annual general meeting on the next debate that will dominate SA’s mining sector.

SA needs growth, not nationalisation says Godsell

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SA needs to double the size of its economy within 20 years to deal with current social and economic inequalities, says Business Leadership SA chair Bobby Godsell.

Talks continue between Xtrata and Num

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The National Union of Mineworkers and Xstrata will continue their engagement to find an amicable solution to a proposed Employee Share Ownership Programme (Esop).

ANC wary of Chinese bid for Pamodzi

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The ANC in parliament has told trade unions to be sceptical of the R150m offer by China African Precious Metals for the bankrupt Pamodzi Gold’s Orkney mine.

“I am fit,” Zimbabwe’s Mugabe declares

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Zimbabwean president Robert Mugabe declared he was fit and well despite Wikileaks cables suggesting he had prostate cancer and that he would pass away in three to five years.

Making mining pay

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The debate on mining providing wealth for future generations is clouded by the political pressure to make mining pay, rather than first growing it as an industry.