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Implats stays confident on Zimbabwe

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Impala Platinum CEO David Brown remains confident over the future of the group's Zimplats operations, which could transform Impala's future if all goes to plan.

Optimum Coal in major refinancing

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Optimum Coal is busy restructuring its finances ahead of what looks like a major capital programme to build new mines to maintain and grow production.

Earnings growth drives Implats dividend

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Impala Platinum has rewarded shareholders with a 46% increase in its total dividend, in line with headline earnings growth of 41%.

Glencore sees opportunities in volatility

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Commodities trader Glencore has posted a 50% rise in first-half profit and says it sees potential opportunities emerging from the current market turbulence.

Shabangu condems Hawks raid

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Mining Minister Susan Shabangu has described the raid on her department and the State Law Advisers' offices by the Hawks last month as "highly irregular".

ANC plans to dig deep on mine overhaul study

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The ANC plans to complete by the end of the year a study on how to use its vast mineral wealth to fight widespread poverty.

Mines BEE target met, says Chamber

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The Chamber of Mines says black ownership among its members averages 28% and already exceeds state-mandated targets.

State reviews penalties on mining charter

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Government is reviewing its mining law to strengthen the penalty provisions for non-compliance of the mining charter, says an official.

Dividend bonanza for BHP backers

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BHP Billiton has appeased shareholders who are looking for a slice of the diversified miner’s record cash flows, rebasing its final dividend by 22%, paying out 55 US cents per share.

Gold slides 3.5% as investors cash in gains

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Gold has surrendered gains to fall 3.5%, as above-consensus US economic data lift stock markets.