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India nearly doubles gold import duty

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India has hiked its gold import duty by 90% and doubled the tax on silver as the world's biggest consumer of bullion seeks to increase revenues, sending futures prices higher.

Implats’ Brown resigns, offers Zim help

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David Brown, CEO of Impala Platinum, calls it a day after 14 years on the platinum firm's board, but promises to assist with the firm's Zimbabwe affairs if asked.

BHP sees no sign of China slowdown

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BHP Billiton forecasts record iron ore production this year as its quarterly output jumps by a fifth, shrugging off predictions that growth in top buyer China will slow.

Shanduka prepares to widen its reach

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Negative sentiment towards SA has kept the valuation of good mining assets in check, says Shanduka Resources.

Poll, indigenisation weigh on Zimbabwe miners

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Regulatory uncertainty will continue to weigh heavily on investor sentiment in Zimbabwe this year, amid the advancement of indigenisation and looming elections.

Barclays sees copper prices averaging $9,000

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Barclays Capital expects copper prices to rise by around 10% from current levels, while gold prices are projected to climb above $2,000 an ounce by the third quarter.

Gold Fields says 2011 output totals 3.49m oz

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Gold Fields says its attributable production for the 2011 financial year is expected to be 3.49 million ounces.

Gold may end long bull-run, says GFMS

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Gold may reach a record high above $2,000 an ounce in late 2012 or early 2013, but the precious metal is nearing the end of a decade-long run, says metals consultancy GFMS.

Xstrata Coal sells Spitzkop, Tselentis

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Xstrata Coal has the sale of its Spitzkop and Tselentis collieries and supporting coal assets in Mpumalanga to the Imbawula Group.

Miranda set to announce resolution

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Miranda Minerals is hoping to draw a line under shareholder in-fighting that almost took the company to bankruptcy.