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China bans creation of new gold exchanges

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China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.

China 2012 rare earth quotas unchanged

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China will keep rare earth export quotas for 2012 at this year's levels, a move that will ease overseas worries about the supply of 17 crucial elements used in high-tech manufacturing.

Zimbabwe moves to ban raw platinum exports

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Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.

Zambia sees new metal export rules in Q1

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Zambia's new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency, says the minister of mines.

Rio Tinto extends Hathor offer

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Resources giant Rio Tinto has again extended its offer to acquire all the common shares of Hathor Exploration for C$4.70 per share until January 6 2012.

CoAL sells NiMag in management buyout

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Coal of Africa has agreed to the sale of the NiMag Group of companies, consisting of Nimag and Metalloy Resources Investments, by way of a management buyout.

Nkwe Platinum still stuck in the mud

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A year after Nkwe Platinum dismissed any threat to its development plans from ARM, the company is unable to reach an agreement over the disputed prospecting rights.

Gold One given DMR’s go-ahead for Rand Uranium

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Gold One International says it has received the go-ahead from the department of mineral resources for its proposed takeover of Rand Uranium.

Gold inches down as Europe worries persist

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Gold prices are inching down in thin trade as investors remain sceptical of the euro zone's ability to tackle its debt crisis.

Chinese buy into Shanduka group

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The China Investment Corporation has bought a 25%, R2bn shareholding in the Shanduka empowerment investment group.