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Exxaro coins it from coal and mineral sands

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Coal and heavy mineral sands paid off big-time for Exxaro Resources in the six months to end-June, along with the usual hefty contribution from its stake in Kumba's Sishen iron ore mine.

Shabangu worried about mine ‘carnage’

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Mines Minister Susan Shabangu has described the mounting death toll in the country's mines as "carnage", saying there is a link between the pursuit of profits and the body count.

Bonanza payout for Exxaro workers

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Exxaro Resources mineworkers stand to receive up to R117,000 each in November when the group's first broad-based employee share incentive scheme matures.

SA ‘sacrifices’ water for gold

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SA has sacrificed its water for gold and the yellow metal has therefore become a curse as acid mine drainage is affecting the economy and health of citizens, says an expert.

Peru, miners in pact to change royalties

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Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, say sources on both sides of negotiations between companies and government.

Namibia makes u-turn on mining taxes

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The Namibian government has backed down from far-reaching mining tax proposals, saying it will meet revenue targets when the industry is allowed to flourish.

Kumba lets fly at ICT testimony

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Kumba Iron Ore has laid into allegations that it had deliberately sabotaged ICT's application for a 21.4% prospecting right in Sishen mine to make the submission appear fraudulent.

Jinchuan lays out strategy for Metorex

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Chinese resource heavyweight Jinchuan intends using Metorex as a strategic platform for further developments in Africa and wants to keep the present management on board.

Zimbabwe approves mineral exploration body

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Zimbabwe's Cabinet has approved the draft framework for establishing a company to spearhead exploration of minerals throughout the country, according to a report.

Amsa fires first in court showdown

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Senior Council for ArcelorMittal argue mining law does not allow for fractional mining permits in a court showdown that is crucial in the security of tenure debate in South African mining.