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Mining changes nations’ destinies, says Rio

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Major mining developments have the potential to "fundamentally change the lives of people and, at a broad level, the prosperity of nations, if done properly", says Rio Tinto.

Nationalisation ‘put to bed’ in 2012

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Investors will have clarity on nationalisation in SA by July next year, according to Sandile Nogxina, special advisor to Minister of Mineral Resources Susan Shabangu.

Num accepts Amplats wage offer

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The National Union of Mineworkers has accepted platinum producer Anglo American Platinum's wage offer, says a union spokesperson.

Resource Generation to focus on SA assets

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Resource Generation says it has divested from its Tasmanian coal tenements to focus on its South African assets.

Uranium needs catalyst to bounce back

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The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.

ARM boosts full-year profit, dividend

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Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.

Zimbabwe gives Rio ‘part approval’

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Rio Tinto's Murowa diamond mine in Zimbabwe says it has been given "part approval" for its plan to comply with indigenisation legislation.

Terms to be attached to mining licences

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Mining licences will in future be granted with attached conditions, to ensure a supply of raw material for local industries seeking to further refine, or beneficiate, the extracted minerals, MPs hear.

First Uranium gets through key test

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First Uranium has successfully completed the testing of its gold plant at Mine Waste Solutions, yet there remain obstacle for the group to mount.

Gold One posts interim profit

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Gold One International has reported a swing to an interim profit, from a loss, after it doubled its production and cashed in on a higher gold price.