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/ 28 May 2008

Kumba CEO begins secondment with Eskom

Kumba’s chief executive officer Ras Myburgh will resign from his position to begin a secondment with Eskom for two years. ”He will be assuming the important responsibility of advising the utility on its long-term coal sourcing strategy, and its implementation for all of Eskom’s power stations, ” Kumba said in a statement.

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/ 7 November 2007

Govt takes aim at mine managers

South Africa plans to extend its crackdown on mine safety and may prosecute mine managers if fatal accidents are caused by negligence. ”I don’t think the mine managers are doing enough to ensure the safety of workers,” said Sandile Nogxina, director general of the Department of Minerals and Energy Affairs.

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/ 4 September 2007

Angloplat in multibillion-rand BEE deal

The world’s top platinum producer, Angloplat, launched a R35-billion black economic empowerment (BEE) deal on Tuesday to sell mines to two black-led firms and hand out shares to its mostly black workers. The deals will forge two new major players in South Africa’s platinum sector, the world’s largest, and burnish credentials of Angloplat.