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ANC slams Sexwale’s testimony

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The ANC's national disciplinary committee has slammed the testimony provided by Human Settlements Minister Tokyo Sexwale at ANCYL leader Julius Malema's disciplinary hearing.

Codelco says an Anglo suit could last years

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Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.

De Beers, Zim diamond feud gets nasty

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De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.

SA economy needs coal policy: Manuel

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Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.

Glencore to buy Mercuria stake

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Glencore, the Swiss trading house, has entered into an agreement to buy Mercuria Energy Asset Management's 5% stake in Optimum Coal Holdings.

DRDGold’s Blyvoor out of financial distress

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DRDGold's Blyvoor underground mine was deemed to be out of financial distress, a judgement that opens the way for Village Main's all-scrip offer unveiled earlier this week.

NPC urges caution on power carbon tax

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It will make sense to introduce an economy-wide carbon tax - coupled with some conditional exemptions - says the National Planning Commission.

State intervention study complete

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A study that took in state intervention in the mining economies of countries Venezuela, Malaysia, China and Zambia has been handed to the ANC's policy committee, a newspaper reported.

Beneficiation ‘no jobs panacea’

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Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.

Zambia to double copper royalties

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Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.