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Nationalisation debate not healthy, says Phosa

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The picking of sides in the debate on nationalisation is not healthy for the country, given its history, says ANC treasurer general Mathews Phosa.

Peru raises mining taxes to fund social programs

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Peru's Congress has raised taxes and royalties on the lucrative mining sector, handing a legislative victory to leftist President Ollanta Humala.

Zambia opposition ahead in presidential vote

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Zambia's opposition leader Michael Sata has held on to his lead over incumbent Rupiah Banda, in the race to become the next president of Africa's biggest copper producer.

‘King Cobra’ Sata leads Zambia election count

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Opposition leader Michael Sata has taken a lead in Zambia's presidential election, with 10% of votes counted.

Production disruption at Village’s Cons Murch

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Village Main Reef says it has started a process to dismiss employees that have been participating in unprotected strike action at its Consolidated Murchison mine in Limpopo.

Rand off lows but still vulnerable

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The rand has bounced from a two-year low against the dollar, but is still under pressure a day after recording its biggest daily fall since October 2008.

Shares to ignore silicosis threat, for now

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As a new silicosis-related legal battle against Anglo American is set to start, analysts say it’s too early to determine whether there will be any future liabilities for mining firms.

Petmin increases pig iron project investment

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PETMIN has announced details of a $25m investment in its Canadian iron sands and pig iron joint venture project.

Pallinghurst minds the gap as it targets LSE

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The gap between Pallinghurst's share price and its net asset value has widened to around 50%, prompting chairman Brian Gilbertson to look at a listing in London to stimulate demand for the stock.

Rio Tinto ‘well-placed to weather market storms’

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Rio Tinto says it is well-placed to weather turbulence in financial markets and continues to expect long-term demand growth.