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SA coal asked to pay R1.4bn to help settle Chinese loco...

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SOUTH Africa's largest coal producers could pay the lionshare of an estimated R1.4bn in order to help Government settle matters with China Railway Rolling...

Perseus raises prospect of special dividend after cash flourishes

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PERSEUS Mining increased cash and bullion to $594m at the close of the September quarter which CEO Jeff Quartermaine said boosted the firm's chances...

Export coal executive latest to resign from Transnet – report

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ALI Motala, head of Transnet's embattled export coal business, is the latest executive to quit the state-owned rail and port logistics company, News24 reported...

Over 500 miners held hostage underground at Springs mine

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AN estimated 543 miners are being held hostage in an underground gold mine in Springs, east of Johannesburg by the Association of Mineworkers &...

Southern Palladium gives prospects much-needed good news boost

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PLATINUM Group Metal (PGM) exploration firm Southern Palladium today published promising results from a geotechnical study of its Bengwenyama prospect. Bengwenyama is rich in palladium...

Standard Bank to target critical minerals in Congo, Zambia

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THE Democratic Republic of Congo (DRC) was set to become an important focus of investment for Standard Bank as the country owned minerals critical...

South32 manganese off to strong start but shipping backlogs loom

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SOUTH32 said manganese ore production from its South African mines reported a strong start to its 2024 financial year but the Perth-headquartered business registered...

Exxaro raises prospect of first battery metals deal by next year

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TIME is as scarce a resource as rail for Exxaro CEO Nombasa Tsengwa. Speaking at the Joburg Indaba, Tsengwa said Exxaro once believed it had...

Ghana approves first lithium mine in deal with Atlantic Lithium

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GHANA'S government has approved its first lithium mine run by a subsidiary of Australia-based Atlantic Lithium, said Reuters citing a statement by the West...

Transnet asks Govt. for bail out to enable capital investment

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STATE-owned rail and ports company Transnet has asked Government to help pay off R130bn in debt before catching up on its maintenance and capital...