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sell mining south africa

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Guptas sell mining unit Tegeta for R2.97bn | IOL …

2017/8/23 · Cape Town - The Gupta-owned Oakbay Investments said on Wednesday it is selling its mining unit Tegeta to Swiss-based Charles King SA. According to Oakbay, Tegeta was sold for R2.97 billion. The company is owned by the Gupta family and President Jacob Zuma's son, Duduzane. Tegeta, which comprises

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2012/11/16 · ArcelorMittal will sell its 50 per cent stake in South African manganese explorer Kalagadi Manganese for US$447mn in an attempt to sell non-core assets to pay down debt The company said that it has agreed to sell its stake to Daphne Mashile-Nkosi or her nominee, which could potential be a consortium

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Around 35% of liquid fuel used in South Africa is derived from coal mined by Sasol Mining at the Secunda CTL plants. Household use In 1995 around a million lower-income households in South Africa depended on coal as their primary energy source for …

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AngloGold sells mines to cut losses, dramatically… 19 Oct 2017 ... (Bloomberg) — AngloGold Ashanti will halve its production from South Africa after agreeing to sell ... Unfinished business: Coal miners across South Africa… 22 Mar 2017 ... Every year, South ...

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2014/2/5 · CAPE TOWN — South Africa hosts the annual Africa mining conference but the country is a hard sell at its own party. Outside investors are increasingly wary of South Africa's mining sector and extra salt is being rubbed into its reputational wound as the conference coincides with a massive strike

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AngloGold Sells Mines to Cut Losses, Halving …

2017/10/19 · AngloGold Ashanti Ltd. will halve its production from South Africa after agreeing to sell mines to Harmony Gold Mining Co. and a Chinese investment firm in an effort to stem losses ...

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2015/9/16 · When most people hear about diamond mining, they think of South Africa, where diamonds were discovered in 1866 in the Kimberley region. A 15-year-old boy discovered the now-famous 21.25-carat Eureka Diamond on a farm on the banks of the Orange River. That discovery set off a staking rush and power

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Anglo American offloads South African coal mines

2017/4/10 · A nglo is still looking to sell off its stake in Kumba Iron Ore and South Africa Manganese. However, it may face continued resistance from its largest shareholder, South African pension fund manager the Public Investment Corporation, which owns 14pc of Anglo and ...

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Mining has long been integral to the development and advancement of South Africa's economy and has contributed largely in making its economy the strongest on the continent. Ownership, access and opportunity in regards to …

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