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TFR says thermal coal exports were unaffected by fire at Richards...

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TRANSNET Freight Rail (TFR) said thermal coal exports were unaffected by a fire at its multi-purpose terminal in Richards Bay which resulted in its...

CoAL reports Chapudi, Makhado progress

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The deadline to complete Coal of Africa’s $75m acquisition of Rio Tinto’s Chapudi coal assets has been extended to end-May, allowing for Section 11 approval from the DMR.

Selling De Beers is high jeopardy for Anglo boss, analysts say

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BOTSWANA may seek to increase its stake in De Beers as part of the diamond company's sale by majority shareholder Anglo American. Reuters cited a...

Ghana cancels bauxite lease for overseas partnership

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GHANA has scrapped a major bauxite deal with domestic company Rocksure International, opting instead to pursue international partnerships for developing one of West Africa's...

Gold Fields to post healthy leap in interim profits but cost...

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GOLD Fields will post 10% to 18% higher normalised earnings for the six months ended June owing to higher production - up 9% year-on-year...

Davis earns £5.5m profit on Xstrata shares

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Mick Davis, the outgoing Xstrata CEO, sold 661.590 shares in the company following the European Commission's approval of its merger with Glencore.

Mining CEOs see gold price heading one way

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To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy.

Gold backers seek higher dividends: JP Morgan

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Most gold investors are looking for better dividends to be paid from available free cash flow, says JP Morgan Cazenove.

State gears up for mining prosecutions

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The heat is on mining CEOs to make greater strides in safety as the state is soon expected to enforce tougher sanctions, including previously mooted jail sentences.

RBPlat shares may have permanently re-rated as minorities are unlikely to...

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SHARES in Royal Bafokeng Platinum (RBPlat) may have permanently re-rated following Northam Platinum Holdings' surprise bid for a stake in the company earlier this...