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Xstrata shakes off flooding woes

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Xstrata has posted financials in line with forecasts, with a 30% jump in interim profit, pointing to a stronger second half as its copper unit helps the miner recover from a flood-hit start to 2011.

Deal reached to end gold strike

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A strike in South Africa's gold mining sector has ended after a two-year wage deal was clinched, unions and the Chamber of Mines say.

Gold slides on US trade breakthrough

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Stocks have risen while gold and the yen dropped as investors cut safety trades after Washington reached a last-minute deal to escape default.

Coal strike ends

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The striking employees of coal miners will return to work on Wednesday, following an agreement on wages between the Chamber of Mines and labour unions.

Minister acknowledges mines debate harm

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The government knows that the debate on nationalisation dents SA's image and will not do anything unconstitutional, says the Minister of Public Enterprises.

Harmony creates new executive post

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Harmony Gold has created a new executive position to accelerate the execution of its safety and health strategy.

New effort to end wage impasse

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Striking coal and gold miners are meeting the Chamber of Mines in separate talks in a bid to end stoppages that have cost South Africa tens of millions of dollars in lost output.

Coal strike to end

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The National Union of Mineworkers says it has reached a wage deal with employers in the coal sector to end a week-long strike.

Wits Gold ready to develop, says new CEO

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Former head of Anooraq Resources, Philip Kotze, has been appointed new CEO of Wits Gold and says the group is ready to move from being an explorer to a developer of mines.

African Minerals, Shandong sign $1.5bn deal

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African Minerals has finally signed an agreement with Shandong Iron & Steel that will see the Chinese group invest $1.5bn in African Minerals' flagship iron ore project in Sierra Leone.