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NUM stands firm on Implats wage demands

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A union at Impala Platinum says it will stick to its 15% pay rise demand in mediation talks next week but wants a quick end to the dispute.

Simmers drops proposed rights issue

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The Simmers board has opted not to go for a planned rights issue and will instead raise funds required to pay back a R220m loan through a sale of notes as well as cash flow.

Shanduka workers down tools

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Hundreds of workers at Shanduka Resources' coal mines have downed tools claiming the company had to centralise its bargaining in order to harmonise working conditions at all collieries.

Anglo sells Aussie coal assets for $500m

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Resources giant Anglo American has agreed to sell its interests in five underdeveloped coal assets in Australia for about $500m.

Rio Tinto completes Alcan Packaging divestment

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Resources giant Rio Tinto has wrapped up the divestment of its Alcan Packaging business with the completion of sales of its two outstanding assets.

Indian firms rescue SA coal juniors

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Both Homeland Energy and South African Coal Mining Holdings are being rescued financially by their new, controlling Indian shareholders.

Shiva Uranium wastes no time cutting jobs

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Shiva Uranium, who took over Uranium One's Dominium Reefs Mine, has wasted no time cutting jobs at the mine despite promising the Competition Commission that no job losses would result from the takeover.

AngloPlat still out in the cold

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Anglo Platinum has still not converted any of its old order mining rights into new order mining rights more than two years after Anglo American CEO Cynthia Carroll reckoned the situation was sorted.

Miners agree to cut ferrochrome price

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Ferrochrome producers in South Africa, the world's largest producer, have agreed to a 4% fall in the third quarter contract settlement price, Merafe Resources says.

Rio not majorly affected by Zim diamond ban

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Global miner Rio Tinto says it has not suffered significant loss from Zimbabwe's ban on diamond exports and the interuptions to shipments from the country are limited.