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Zimbabwe to resume diamond exports

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Zimbabwe plans to resume selling diamonds from its controversial Marange fields within days, saying it fully meets the standards required by the body that regulates trade in conflict diamonds.

Zimbabwe power utility warns of load-shedding as dam levels fall

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FALLING dam levels would contribute towards power shortages in Zimbabwe, said Reuters citing warnings from Zimbabwe Electricity Transmission and Distribution Company (ZETDC) that the...

Implats CEO forecasts “squeeze” in PGM industry forcing new collaboration

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IMPALA Platinum (Implats) CEO, Nico Muller said the structure of South Africa's platinum group metals (PGM) industry could change owing to "a squeeze" in...

Petra warns of revenue hit after limp diamond market forces cancellation...

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PETRA Diamonds today announced it had postponed its sixth tender owing to "a temporary slowdown in the market for rough diamonds" - a development...

Petra to earn $10m-$26m on Cullinan find

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Petra Diamonds' recent 122.5 carat find at its Cullinan mine is likely to give its new financial year, which kicks off on July 1, a major boost.

Aquarius finally snares Booysendal

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It has taken years, but Aquarius Platinum CEO Stuart Murray has pulled off the deal he had predicted would eventually take place over the Booysendal South platinum deposit.

Brown: Zimbabwe land rental fee ‘a mistake’

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Impala Platinum CEO David Brown reckons the huge increase on land rentals proposed by the Zimbabwean government is a mistake because it will bankrupt the entire mining industry.

UK private equity fund to bid in latest round of SA’s...

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ACTIS LLP, a UK-based private equity firm, was seeking energy projects in Africa including South Africa which has opened a new round of tendering...

Exxaro has turned the corner. So where to from here?

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EXXARO Resources CEO Ben Magara is hoping a one-fifth improvement in Exxaro’s share price in following its half-year results August is the beginning of...

Rio, Ivanhoe in $3bn Mongolia deal

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Rio Tinto and Ivanhoe Mines wrap up a $3bn deal to develop a copper and gold mine in Mongolia.