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Chile to sell utilities stakes, help Codelco

Chile will sell its stakes in four water utilities, valued at $1.6bn, and may use the proceeds to help finance investments in state mining giant Codelco, says a government official.

Newcrest halts Ivory Coast, Indonesia mines

Newcrest Mining has put work at its Bonikro gold mine in Ivory Coast on ice and moved mine management to Ghana amid election tensions in the region.

Australian miners score tax concession

Australia's biggest mining groups may have won a long-running battle against Prime Minister Julia Gillard after a tax panel recommended the government pick up future state royalty payments under its tax reform package.

Anglo plots De Beers takeover – report

Anglo American is considering a plan to take control of De Beers, according to a newspaper report.

A rare return for Rareco

Shareholders in Rareco, a junior mining company written off by the market after being suspended on the JSE in 2002, have received an unexpected Christmas gift.

Acid water containment measures mooted

A team of experts has prepared a report for the cabinet with recommendations on how to contain the problem of acid mine water.

BHP, unions settle Hillside labour dispute

BHP Billiton Aluminium has reached a salary agreement with workers to end a strike at its Richards Bay unit, says the company.

Oppenheimers sell part of Anglo stake

The Oppenheimer family has sold almost 8% of its shareholding in Anglo American for R691m.

Hillside strike continues

About a third of workers at BHP Billiton's Hillside aluminium smelter in Richards Bay are involved in an ongoing strike, says the company.

Xstrata seeks new chair

Xstrata is considering replacing chairperson Willy Strothotte, reports Sky News.