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The DMR hits back over nationalisation

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The Department of Mineral Resources has come back swinging at mining legal expert Hulme Scholes over his views on nationalisation but Scholes is not backing down.

UK urges Zimbabwe to comply with Kimberley

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British officials have urged Zimbabwe to comply with global diamond trade regulations and say most of the finest stones are being smuggled out of its rich Marange fields.

Investors take a shine to AngloGold

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Shares in AngloGold Ashanti have traded at levels last seen early 2009 - an indication that sentiment for SA’s gold miners may begin to catch up with the ongoing gold rally.

Village on fundraising path

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Village Main Reef is to ask shareholders for permission to raise up to R40m, to bolster cash reserves and finalise the acquisition of Consolidated Murchison.

Motsepe coins it

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Africa Rainbow Minerals chairperson Patrice Motsepe earned almost 74% more during the group's 2010 financial year than in 2009, according to the company's annual report.

Zoellick: no gold standard, but role key

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World Bank President Robert Zoellick is not advocating a return to a gold standard, but says the metal is the "the elephant in the room" that policymakers need to acknowledge.

Gold One upbeat on Modder East drilling

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Gold One International says the results of its drilling programme at its flagship Modder East mine have confirmed an extension to the high grade shoreline.

Jubilee’s ConRoast operational early 2011

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JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.

Minas Rio on track, says Carroll

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Anglo American CEO Cynthia Carroll told says the group's key Minas Rio iron ore project in Brazil is moving full steam ahead, following repeated delays and cost overruns.

AngloGold net C$70m from B2Gold share sales

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AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.