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DMR blames fiscus for capacity ills

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Parliament’s mining portfolio says it will summon Treasury to explain why the Department of Mineral Resources has not been given enough money to fill crucial vacancies.

Xstrata posts coal output record

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Xstrata has posted record thermal coal production in the third quarter and a more than 7% rise in overall coal output, thanks to the start of operations at its Mangoola mine.

Gemfields goes big on emeralds

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London-listed Gemfields is generating cash hand-over-fist and intends using its financial strength to gain greater control over the world's emerald business.

MPs seek clarity on BEE milestones

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Parliament has asked the Chamber of Mines to explain how the industry’s assessment of BEE compliance differs so vastly from government’s conclusions.

Pallinghurst share price woes continue

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The share prices of Pallinghurst and two of its key operating arms remain stubbornly depressed, forcing management into remedial actions like share buy-backs and additional listings.

Rio’s tax to boost Guinea’s infrastructure

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Guinea will use 35% of a $700m windfall from Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, says a Guinean official.

Ownership rule too stringent, says Tsvangirai

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Zimbabwe's local ownership rules for foreign mining companies are too stringent, says Prime Minister Morgan Tsvangirai.

Rio Tinto in major retreat from aluminium

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Rio Tinto is putting an estimated $8bn worth of aluminium assets up for sale across six countries, only four years after buying aluminium giant Alcan for $38bn.

Union to strike at Xstrata

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The National Union of Mineworkers will start a strike at Xstrata's operations across South Africa after a dispute over an employee share ownership programme.

Rio Tinto defies gloom with record ore sales

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Global miner Rio Tinto has brushed off fears of a global economic crisis, reporting record iron ore sales and a 5% jump in output for the third quarter.