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Rio Tinto sees customers turning cautious

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Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.

Debt is Anooraq’s Achilles heel

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Anooraq Resources' Achilles heel is the company's very high level of debt which management must reduce as an urgent priority according to a research report released by JP Morgan Cazenove.

Wescoal joins Ata consortium in takeover bid for Universal Coal

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WESCOAL Holdings, the Johannesburg-listed coal producer, said it had joined a consortium led by private equity firm, Ata Resources, to buy Universal Coal. Universal Coal...

De Beers to run 30-day search in last gasp effort to...

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DEĀ BEERS has abandoned its formal process of finding a buyer for Voorspoed, the Free State province mine the diamond group said in November it...

Transnet suspends coal line services after violent protests

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SOUTH African coal exports had been disrupted by violent protests in the country's KwaZulu-Natal province which had led to the suspension of services, said...

Zim to nationalise mines, Chinese firm spared

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Zimbabwe will proceed with plans to take majority stakes in foreign-owned diamond mines in the east of the country but will spare a Chinese-owned mine from a state takeover.

Anglogold Ashanti wants top dollar for Iduapriem

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AngloGold CEO Srinivasan Venkatakrishnan's message to Gold Fields' CEO Nick Holland on a potential sale of the Iduapriem mine is straightforward - cough up.

Kumba denies influencing licence application

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Kumba Iron Ore has rejected claims by former deputy director-general of the mines department, Jacinto Rocha, that it attempted to influence the granting of a mining licence.

Exxaro weighs coal export handling options as RBCT congestion raises its...

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EXXARO Resources will consider exporting coal through port handling terminals other than Richards Bay Coal Terminal (RBCT), in which it is a shareholder, as...

Strike over

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The Association of Mineworkers & Construction Union will bring the curtain down on the five-month strike in the platinum sector on June 24, sources say.