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Zimbabwe rejects all indigenisation proposals

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Zimbabwe has rejected all 175 local ownernship proposals it received from foreign mining companies.

Rockwell trims fundraising target

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Rockwell Diamonds has scaled down its plans to raise C$35.3m in new funds, opting to aim for $20m instead.

Flooding continues to impact BHP Billiton

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BHP Billiton has reported a bigger-than-expected quarterly jump in metallurgical coal production from flood-hit eastern Australia.

Coal law could benefit SA exporters

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Draft legislation in Indonesia could prove very profitable for South African coal exporters seeking to export lower quality coal to India and China.

Strike to hit power supply

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A new strike in the coal sector may hit electricity production.

Metorex output stays flat

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Copper producer Metorex has said first-half copper output rose 1% compared with the preceding six-months, while production of cobalt fell 6%.

Coal workers want ‘reasonable’ offer

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At the start of wage negotiations in the coal sector, unions demand a 14% wage hike, while firms offer 5%.

Eastplats disappoints yet again

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Eastern Platinum has just reported its third consecutive quarter of falling production, which explains the slump in the share price so far this year.

Petra Diamonds steams ahead

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Petra Diamonds has delivered a trading update backing CEO Johan Dippenaar’s claim the company is one of the world’s leading diamond producers.

Gold Fields resumes Beatrix operations

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Gold Fields has resumed operations at the No.3 shaft of its Beatrix mine, says a company spokesperson.