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West Africa is the ‘new Pilbara’

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West Africa is the new Pilbara for iron ore mining as well as a battleground between established miners and Chinese firms seeking to enter the region.

PwC: Mining taxes a minefield

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Ongoing increases in commodity prices and the growing bottom lines of resources companies juxtaposed against struggling or still recovering economies has heightened the call for mineral tax to be reviewed in many countries.

Trans Hex breaks free in Angola

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Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.

Rio, Chinalco set up exploration JV

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Global miner Rio Tinto and state-owned Chinese aluminium producer Chinalco have established a joint venture to explore for new mineral deposits in China.

Trans Hex upbeat on Namaqualand

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Trans Hex reckons there are "bonus" diamonds to be had at De Beers' Namaqualand Mines, which it can access because it owns the adjacent marine diamond concession.

Aquarius Platinum cans Blue Ridge

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Aquarius Platinum is to put its Blue Ridge mine on care and maintenance because of low rand platinum prices and will instead focus on development of Booysendal South.

State seeks to revive Alexkor

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State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.

Govt aims to break diamond dealers’ hold

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The state is looking to sidestep the grip of SA’s major polished diamond wholesalers on the local beneficiator industry by exploiting foreign legislation.

CIC Energy looks for new buyer

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CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.

Chamber praises mining minister

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The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of understanding" and sophisticated proposals in her budget vote.