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Nationalisation dead in water: Godsell

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Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.

ANC cripples Malema nationalisation drive

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Julius Malema, president of the ANC Youth League, has been suspended from the organisation for five years, raising questions about whether nationalisation will dominate its policy-making conference.

Julius Malema on full pay until appeal

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ANC Youth League leader Julius Malema has to "vacate his position", says the party's national disciplinary committee.

Cabinet approves beneficiation guidelines

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Cabinet has approved implementation plans for the minerals beneficiation strategy, says government spokesman Jimmy Manyi.

Gold Fields delivers record earnings

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Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.

Anglo snubs Codelco in $5.4bn Chilean deal

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UPDATED: Anglo American has sold a 24.5% share of its Chilean operations in a bid to negate the eventuality of that country’s state-owned Codelco taking a significant stake in those assets.

Optimum secures R2.2bn in credit

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Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.

Impala weighs Leeuwkop decision

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Impala Platinum is still deciding on whether or not it will press ahead with the R10bn Afplats Leeuwkop project near Brits in the North West province.

BHP affirms SA commitment before MPs

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BHP Billiton has told parliament the company is committed to South Africa and that its ongoing investment in the country is proof of that.

S&P warns on Anglo debt risk

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Ratings agency, Standard & Poor's, has said Anglo American's debt was at risk if it didn't receive funds from the anticipated deal with Codelco over Anglo American Sur.