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UPDATE 2-ANC rebel calls for national mine strike in S.Africa

12 September 2012 By admin

* Julius Malema calls for walkout "in all mines" * Mine unrest has brewed political storm for President Zuma * Lonmin strike rumbles on, workers intimidated by strikers * Second illegal strike under way at Gold Fields By Alvin Andrews CARLETONVILLE, South Africa, Sept 11 (Reuters) - ANC renegade Julius Malema called on Tuesday for a national strike in … [Read more...] about UPDATE 2-ANC rebel calls for national mine strike in S.Africa

S.Africa may halt shale gas work if it pollutes water -minister

12 September 2012 By admin

CAPE TOWN, Sept 11 (Reuters) - Evidence of water contamination would be grounds for South Africa to halt exploration for shale gas in its semi-arid Karoo region, the mines minister said, addressing fears its decision to develop the abundant resource could harm the environment. South Africa, seeing prospects for a major boost to its economy, last week lifted a ban on shale … [Read more...] about S.Africa may halt shale gas work if it pollutes water -minister

Kyrgyz villagers raid mining road contractor

12 September 2012 By admin

* Construction firm says staff threatened, bulldozers stolen * Company was rebuilding a road to serve gold mine * Chaarat Gold says operations unaffected * Unrest has dogged mining projects in Central Asian state By Olga Dzyubenko BISHKEK, Sept 11 (Reuters) - Kyrgyz villagers seized bulldozers from a construction company repairing a road to a mine … [Read more...] about Kyrgyz villagers raid mining road contractor

Euro Coal-Prices fall $1/T as more cargoes offered

12 September 2012 By admin

* Sept S.African cargo bid at $80.50/T * SocGen cuts Cal 2014 price forecast to $113/T CIF ARA LONDON, Sept 11 (Reuters) - Physical coal prices fell by $1.00 a tonne on Tuesday as more prompt cargoes were offered amid slack demand. More South African cargoes are being offered into the European market to compete with the Colombian coal which has dominated imports … [Read more...] about Euro Coal-Prices fall $1/T as more cargoes offered

South Africa’s rand hits fresh one-month high

12 September 2012 By admin

* Rand hits a fresh one-month high * Govt bonds weaken but seen supported By Tshepo Tshabalala JOHANNESBURG, Sept 11 (Reuters) - South Africa's rand followed the euro and firmed against the dollar on Tuesday despite the local current account recording its largest deficit in nearly four years in the second quarter. The euro advanced to a four-month high … [Read more...] about South Africa’s rand hits fresh one-month high

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