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Anglo American may sell Amapa

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Anglo American is considering selling its majority stake in the Amapa iron ore operation in northern Brazil as it focuses on its flagship Minas-Rio growth project further south.

Miners pressed to raise yields

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Miners are coming under pressure to boost shareholder returns and redress a balance that has seen profit from higher commodity prices ploughed into growth programmes, salaries and taxes.

Burnstone is on the mend – CEO Ferdi Dippenaar

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The troubled Burnstone mine is getting back on track according to an update from Great Basin Gold, but RBC Capital Markets has remained cautious following a recent visit.

First Uranium to layoff staff at Ezulwini

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First Uranium may retrench up to half of its employees at struggling Ezulwini, saying workers will have to prove their worth over Christmas to minimise layoffs.

Palabora granted new order rights

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SA's largest copper producer Palabora Mining says it has been granted the conversion of its mining rights.

Platmin pledges JSE relisting by 2013

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Platinum group metal producer Platmin says it has promised to relist on the JSE before January 2013.

Court revokes ICT’s Sishen licence

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Kumba Iron Ore owned 100% of the prospecting right to Sishen Iron Ore Company, a High Court judge said - a development that sees ICT lose its rights.

Harmony restarts Hidden Valley after quake

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Harmony Gold said operations at Hidden Valley, its Papua New Guinea project, had resumed following an earthquake of 7.1 magnitude.

Firestone appoints Tebeila as chairman

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Firestone Energy has confirmed the appointment of Timothy Tebeila as its new chairman, following the resignation of David Perkins.

Wescoal suffered ‘relentless campaign’

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Coal producer Wescoal successfully had orders for its liquidation set aside after the High Court found the company had faced a 'relentless campaign' from Sutha Civils and BSM Mining.