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Fresh mine strikes feared

The prospect of fresh strikes in South Africa's already embattled mining sector resurfaced over the weekend after representatives of the National Union of Mineworkers (NUM) said the union would seek pay rises of up to 60% from gold and coal producers.

 

 

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<em>Zimbabwean Chamber<br /> of Mines president <br />Alex Mhembere</em>
Zimbabwean Chamber
of Mines president
Alex Mhembere
Zimbabwe mining companies reject state control

The Chamber of Mines of Zimbabwe, which represents companies including platinum giant Impala Platinum Holdings Limited, has rejected a proposal for the state to control mineral production and prices.

 
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<em>SA Chamber of Mines<br /> headquarters in <br />Johannesburg ‒ venue<br /> for the upcoming wage<br /> talks for the gold and <br />coal mining industries</em>
SA Chamber of Mines
headquarters in
Johannesburg ‒ venue
for the upcoming wage
talks for the gold and
coal mining industries
NUM seeks 60% pay hike

The National Union of Mineworkers (NUM) says it will be seeking pay hikes of up to 60% from the country's gold and coal producers in upcoming wage talks, which are expected to be among the toughest ever.

 
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<em>Randgold <br />Resources CEO<br /> Mark Bristow</em>
Randgold
Resources CEO
Mark Bristow
Randgold enters US$200 million credit facility

West African-focused gold miner Randgold Resources Limited has entered into a US$200 million unsecured revolving credit facility with HSBC and three other banks.

 
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<em>The Kanyemba area<br /> in Zimbabwe, where<br /> the government is <br />alleged to have struck<br /> up an unconfirmed deal<br /> with a Chinese firm to<br /> mine uranium</em>
The Kanyemba area
in Zimbabwe, where
the government is
alleged to have struck
up an unconfirmed deal
with a Chinese firm to
mine uranium
Zimbabwe government criticised for secretive mining deals

The government of Zimbabwe is facing criticism for a number of what is being referred to as ‘secretive mining deals being made without any consultation with communities and other stakeholders.

 
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Editorial Insight
Editorial Insight by Andrew Lanham

People in the News
What next for Ivan Glasenberg
<em>Ivan Glasenberg,<br /> CEO, Glencore<br /> International</em>
Ivan Glasenberg,
CEO, Glencore
International

After years of on-off talks, months of brinksmanship and often bitter negotiations, Glencore's head Ivan Glasenberg gets to complete the US$30 billion acquisition of Xstrata today ‒ the mining industry's biggest takeover yet.

 
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DRC Oil & Gas Summit 2013
17 - 18 September 2013,
Kinshasa, DRC
iPAD DRC 2013
9 - 11 October 2013,
Kinshasa, DRC
Katanga Briefing 2013
15 - 17 October 2013,
Lubumbashi, DRC

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