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Anglo’s copper target unaffected by Chile row

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Changes in the ownership structure of Anglo American Sur will not detract from the group’s longer term production ambitions for copper, says an Anglo American company executive.

Delays may sink Anglo’s Codelco court bid

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Chile’s courts may not hear Anglo American’s bid in time to overturn an injunction which prohibited the diversified miner from selling further stakes in Anglo American Sur.

Gillard gets tax through lower house

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Australia's lower house approved a tax on miners that is expected to raise $7.8bn in its first two years.

Power situation remains critical, says Eskom

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SA's power supply situation will remain critical for the next two years, says Eskom CEO Brian Dames, while still trying to play down the latest problem at Medupi.

Strike looms large for Lonmin

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The National Union of Mineworkers rejected Lonmin's 9% to 10% wage increase offer raising the prospect of strike action.

Vale says rail sharing negotiable

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Vale, the Brazilian iron ore producer intent on growing its coal business, says use of a potential 22Mtpa rail line linking Mozambique's coal resources with the port at Nakala, could be shared. Maybe.

Mozambique won’t hike royalties, taxes

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Mozambique mines minister, Esperanca Bias, pledged the country would not follow the example of Zambia and Ghana by hiking taxes or royalties in the coal-rich country.

More knocks for Great Basin Gold

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The Great Basin Gold share price has continued to drop despite CEO Ferdi Dippenaar's personal vote of confidence in using R500,000 of his own money to buy the stock.

Anooraq suspends mining at Bokoni

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Anooraq Resources said it had suspended mining at its Bokoni mine following the death of an employee.

Impala miners found dead

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Two employees reported missing on Friday were fatally injured following a fall of ground incident at Impala Rustenburg's 7 Shaft, the company said.