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Gold a bubble that may deflate, says analyst

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Record gold prices may be heading for a correction of about 8 % next month, but the safe-haven metal may also rally to $2,400 an ounce next year, says an analyst.

Shabangu calls for more women executives

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More women are needed in top positions in the mining industry, says Minerals Minister Susan Shabangu.

ANC charges Malema with sowing discord

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THE African National Congress has charged controversial youth leader Julius Malema with "sowing divisions" in its ranks and bringing the party into disrepute.

Optimum Coal buys prospecting rights from BHP

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Optimum Coal has bought two prospecting rights from BHP Billiton in a move to boost its portfolio.

Record profits for Gem Diamonds

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Gem Diamonds earned record profits in the six months to end-June as prices for the top class diamonds it produces from the Letseng and Ellendale mines went through the roof.

Kumba responds to Sishen right uncertainty

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UPDATED: Kumba Iron Ore has drawn a line under any uncertainty over its 78.6% mining right in Sishen, arguing the right is secure in accordance with the MPRDA.

Pan African to spin out Manica

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Pan African Resources will list its Manica gold project separately to speed up development while it focusses on growing its core South African businesses.

Num rejects revised Implats pay offer

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The National Union of Mineworkers says its members at Impala Platinum have refused a revised pay rise offer from the company and will refer the dispute to arbitration.

Harare ultimatum to foreign firms

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Zimbabwe has given foreign companies a 14-day ultimatum to submit "acceptable' plans on transferring majority stakes to locals or risk losing permits.

Gold tops $1,850/oz

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Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.