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DRC delays election results again

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Election authorities in Democratic Republic of Congo have delayed the announcement of a winner in the country's presidential election for the second time this week.

Rio Tinto a likely future partner at Husab

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Rio Tinto may enter into another partnership with a Chinese firm, this time in Namibia, where it may be the preferred participant as China swoops on another strategic asset.

China Guangdong says Extract worth $2.2bn

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China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.

Rio Tinto says could export Guinea iron ore ‘early’

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Rio Tinto may use trucks to export iron ore from its Simandou project in Guinea before a 2015 target, says CEO Tom Albanese.

BHP Billiton may do an Anglo American

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Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the miner will sell less profitable assets to exploit its crown jewels.

Anglo names new boss for Brazil iron ore

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Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.

Firestone, Sekoko funding in-tact

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Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.

Glencore pays R900m for Umcebo Mining

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Glencore International extended its participation in the South African coal industry after offering R900m for Umcebo Coal which has annual production of 7.2Mt.

Minmetals extends Anvil offer

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Minmetals Resources has extended its offer for Anvil Mining until January 11, the company said.

SA net reserves fall

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South Africa's net gold and foreign exchange reserves fell to $48.633bn in November from $49.221bn in October.