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Zambia govt mediating in First Quantum strike

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Zambia's government is mediating to end the strike that has halted production at Canada's First Quantum Minerals flagship copper mine, says the minister of labour.

AngloGold reports Savuka fatality

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AngloGold Ashanti has reported a fatality at its Savuka mine near Carletonville, following a fall of ground accident.

Jintu deal sealed as Gold One hits target

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Gold One International has exceeded its production target for 2011, avoiding a punitive "claw-back' clause which formed part of its takeover by the Jintu-led consortium.

Smelters, BHP settle 2012 copper charges

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China's copper smelters and BHP Billiton have settled 2012 term copper concentrate treatment and refining charges at $60 a tonne and 6 US cents a pound.

First Quantum says Zambia strike illegal

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First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.

Iron ore fall raises doubts on Australia tax plan

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Australia's politically charged mining profits tax may raise less of the initial A$11bn Prime Minister Julia Gillard is promising if iron ore prices return to November levels.

Resources give JSE New Year fillip

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The JSE was up more than 2% as stronger commodity prices drove the resources sector higher, although trade was thin.

Gold rises in line with euro recovery

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Gold is rallying and boosted by a rise in the euro against the dollar, after the price hit its lowest in nearly six months last week in a flurry of year-end speculative selling.

Anglo, Codelco tension grows in Sur row

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Anglo American says it is not obliged to sell Codelco anything as the Chilean state-owned miner exercises a right to buy 49% in Los Bronces copper mine and other properties.

Eastplats finalises $100m debt facility

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Eastern Platinum says it has finalised a $100m debt facility for the funding of its Mareesburg Project.