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‘SA mines grab debate skewed by race’

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A survey shows a sharp racial divide on support for or disagreement with the nationalisation of SA's mines.

Eskom in court over Billiton prices

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Amid serious concern about electricity security this winter, the hearing of a court application by Media24 to force Eskom to disclose its prices for BHP Billiton gets under way.

Great Basin still bullish on Burnstone

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Great Basin Gold says that recent infill drilling at its Burnstone project produced results in line with or better than mine development expectations.

Gold surges to fresh record

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The price of gold rose to a new high on fears of heightened inflation and concerns the dollar would weaken further against the euro.

Rio wins control of Riversdale

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Rio Tinto has gained control of Riversdale with a $4bn offer, allowing it to dicate development of its coal mines in Mozambique.

Zim mining body offers equity compromise

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Zimbabwe's mining industry has proposed that "social investments" count towards meeting new economic empowerment regulations for foreign mining firms.

Vale makes takeover offer for Metorex

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Brazil's Vale, the world's largest producer of iron ore, has made an offer to acquire Metorex for R7.5bn, the two companies said.

Gold Fields output disappoints

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Gold Fields has blamed its lower quarterly production on the Christmas break.

Gold surges to record on euro

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Gold has struck a record high as a weaker dollar and concerns about inflation sent investors piling into precious metals.

Russian firms to invest in SA rare metals

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Two Russian firms have reportedly agreed to participate in government's planned R15bn rare metals processing complex.