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Rio’s tax to boost Guinea’s infrastructure

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Guinea will use 35% of a $700m windfall from Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, says a Guinean official.

Ownership rule too stringent, says Tsvangirai

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Zimbabwe's local ownership rules for foreign mining companies are too stringent, says Prime Minister Morgan Tsvangirai.

Rio Tinto in major retreat from aluminium

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Rio Tinto is putting an estimated $8bn worth of aluminium assets up for sale across six countries, only four years after buying aluminium giant Alcan for $38bn.

Musical chairs in the Waterberg

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It's a case of trading places among the aspirant coal miners of the Waterberg, with Sekoko Resources announcing it has poached two top executives from Namane Energy.

Rockwell Diamonds stays on course

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New CEO James Campbell is keeping Rockwell Diamonds firmly on its new course as the group gets its existing operations up to speed and sizes up new growth opportunities.

Union to strike at Xstrata

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The National Union of Mineworkers will start a strike at Xstrata's operations across South Africa after a dispute over an employee share ownership programme.

Ex DMR official appointed as new DG

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Cabinet has appointed Thibedi Ramontja, the current CEO of the Council for Geoscience, as new director-general for the Department of Mineral Resources.

Zambia eyes 35 percent stake in mine projects

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Zambia will negotiate larger stakes in projects with foreign mining firms and plans to revamp tax collection to improve transparency and maximise benefits for itself, the minister of mines said.

ENRC requests Northam seat

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The Kazakh metals producer wants its chief commercial director to take a position on Northam's board indicating it wants to up its participation in the South African platinum firm's affairs.

Locals to get 10% of Zimplats

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Local communities are to acquire a 10% stake in Implats' Zimbabwe unit Zimplats under an empowerment deal, says Implats CEO David Brown.