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Less of a void at Central Rand Gold

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An internal study shows the "double void" problem at Central Rand Gold may not be as bad as initially feared, but the share price has hit an all-time low of 9c compared with R20 in 2007.

Peru asks Congress to raise mining taxes

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Peru's leftist government has presented a bill to Congress that aims to increase mining taxes to fund anti-poverty projects.

GFMS: gold to breach $2,000 by year-end

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Gold prices are likely to break through $2,000 an ounce by year-end to new record highs, says metals consultancy GFMS.

Pan African tipped for more gains

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Pan African Holdings has posted share price gains of around 34% in 2011, following a 27% rise in 2010. Some may ask whether it is time to sell on a high.

Rand may test R7.50 level

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The rand has weakened against the dollar and looks set to hit a new year low above R7.50/dollar.

Gold Fields targets 1 mln oz in S. America

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Gold Fields aims to produce one million ounces of the precious metal per year in South America by 2015, says the company's regional chief.

Zim mines minister calls for calm

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Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.

Deals too expensive, says Anglo’s Carroll

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Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.

Transnet rules out Saldanha for manganese

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Transnet Freight Rail has dismissed using the Sishen-to-Saldanha railway line for the future transport of manganese ore, saying the line will be reserved for iron ore.

Macozoma: beneficiation needs power surety

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Abundant electricity and clarity on the costs thereof are prerequisites for the formation of downstream beneficiation industries, says Tshipi e Ntle chair Saki Macozoma.