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Mines BEE target met, says Chamber

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The Chamber of Mines says black ownership among its members averages 28% and already exceeds state-mandated targets.

State reviews penalties on mining charter

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Government is reviewing its mining law to strengthen the penalty provisions for non-compliance of the mining charter, says an official.

Dividend bonanza for BHP backers

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BHP Billiton has appeased shareholders who are looking for a slice of the diversified miner’s record cash flows, rebasing its final dividend by 22%, paying out 55 US cents per share.

Rail may be split from Transnet: report

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The rail operations of state-owned freight logistics group Transnet may be split into a separate firm, reports Business Day.

BHP posts record profit, boosts dividend

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BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.

Malema down but mine plans not buried

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The debate on nationalising SA's mining sector is set to fade with its most outspoken proponent, ANC Youth League leader Julius Malema, facing charges from his owner party.

Shabangu calls for more women executives

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More women are needed in top positions in the mining industry, says Minerals Minister Susan Shabangu.

Harare ultimatum to foreign firms

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Zimbabwe has given foreign companies a 14-day ultimatum to submit "acceptable' plans on transferring majority stakes to locals or risk losing permits.

Num explains its nationalisation stance

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The National Union of Mineworkers has reiterated its support for the nationalisation of mines, but says such a policy should be informed by the country’s developmental needs.

ANC charges Malema with sowing discord

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THE African National Congress has charged controversial youth leader Julius Malema with "sowing divisions" in its ranks and bringing the party into disrepute.