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Paladin secures uranium sales agreement

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Uranium miner Paladin Energy has signed a series of term uranium sales agreements for output from the Langer Heinrich Stage 3 expansion in the Namib Desert.

Gold soars to near $1,900/oz

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Spot gold has surged more than 1% to a third consecutive all-time high, as investors flee to the safety of bullion amid fears of another US recession and the euro zone's debt crisis.

Gold headed for $2,400, say experts

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Gold is headed for $2,400, according to gold analyst Martin Murenbeeld, while Paul Walker reports from Chennai that Indians are buying the metal like there's no tomorrow.

Anglo weighing counter offer for Macarthur

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Anglo American is contemplating a bid for Australia's Macarthur Coal that will challenge US coal company Peabody Energy's earlier offer, according to a Bloomberg report.

Gold a bubble that may deflate, says analyst

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Record gold prices may be heading for a correction of about 8 % next month, but the safe-haven metal may also rally to $2,400 an ounce next year, says an analyst.

Shabangu calls for more women executives

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More women are needed in top positions in the mining industry, says Minerals Minister Susan Shabangu.

ANC charges Malema with sowing discord

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THE African National Congress has charged controversial youth leader Julius Malema with "sowing divisions" in its ranks and bringing the party into disrepute.

Pan African to spin out Manica

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Pan African Resources will list its Manica gold project separately to speed up development while it focusses on growing its core South African businesses.

Record profits for Gem Diamonds

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Gem Diamonds earned record profits in the six months to end-June as prices for the top class diamonds it produces from the Letseng and Ellendale mines went through the roof.

Harare ultimatum to foreign firms

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Zimbabwe has given foreign companies a 14-day ultimatum to submit "acceptable' plans on transferring majority stakes to locals or risk losing permits.