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AngloGold’s Venkatakrishnan dampens dividend talk

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AS a former director in the reorganisation services of auditing firm, Deloitte & Touche, it seems quite natural that Srinivasan Venkatakrishnan should be the...

Anglo, AngloGold in R464m out of court silicosis deal

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ANGLO American South Africa (AASA) and AngloGold Ashanti have agreed to pay at least R464m in compensation to miners who allegedly contracted silicosis, a...

Guessing the time as world’s mining clock ticks on

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THERE have been many ways of quantifying the damage inflicted by over-supply and falling demand in the commodity sector over the past three years,...

Eskom gives short shrift to Exxaro’s Arnot proposal

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Eskom has rejected an offer from Exxaro Resources to restructure coal mining at Arnot in South Africa's Mpumalanga province saying it would not make...

Exxaro weighs options for Kumba, Tronox as debt leaps

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EXXARO Resources is weighing its continued investment in its iron ore and mineral sands investments following another challenging financial year ended December 31 in...

Zwane concedes SA mining needs foreign firms in MPRDA debate

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SOUTH African mines minister, Mosebenzi Zwane, said legislation and black economic empowerment (BEE) credentials shouldn’t frighten investors and he guaranteed that the government won’t...

Platinum deficit to narrow for second successive year: WPIC

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The global platinum market deficit would narrow for a second successive year but safety stoppages and interruptions stemming from wage negotiations would see South...

Glencore may consider buying Anglo Cerrejon stake

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GLENCORE said it would consider buying Anglo American's stake in Colombian coal business - Cerrejon - despite embarking on its own $5bn asset disposal...

Decade long platinum slide will help us: Dunne

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Paul Dunne, CEO of Northam Platinum, said massive under-investment in South Africa's primary production would underpin a price recovery by 2020.

RBPlat bemoans 13% price slide, fatalities

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Royal Bafokeng Platinum said a slide in the average rand basket price and cost increases hurt the bottom line whilst it went back to basics on safety after deaths.