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Miner trapped at Harmony’s Kusasalethu

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Harmony Gold said says a worker has been trapped underground at its Kusasalethu mine and efforts are being made to rescue the person.

Great Basin Gold slides on poor delivery

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Production problems at the Burnstone gold mine near Balfour have knocked the share price of parent Great Basin Gold, which has restructured its debt facilities to cope.

Eastplats resumes production at SA mine

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Eastern Platinum says it has resumed full production at its flagship Crocodile River mine, following a probe into a fatal accident at the mine earlier this month.

Johann Rupert confirms diamond tailings ventures

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Johann Rupert's Reinet Investments has confirmed it will be part of a new waste tailings diamond venture at De Beers' former Jagersfontein mine in the Free State.

Codelco fights back against Anglo American

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Codelco says it has filed a lawsuit against Anglo American in a bid to prevent the global miner from selling further stakes in the global miner's Chilean copper properties.

Gillard pushes to end India uranium sales ban

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Australian Prime Minister Julia Gillard is pushing to overturn a ban on sales of uranium to India, potentially opening up a new and growing market for suppliers.

TFR ups ante on mine to port deliveries

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Transnet Freight Rail upped the ante in improving its mine to port minerals delivery rate telling miners trains would leave sidings even if wagons were not fully filled.

Pressure to stay on platinum, says Johnson Matthey

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The platinum market will stay in surplus during 2011 and 2012, despite modest supply growth from South Africa, according to the latest research from Johnson Matthey.

Gold bull Paulson sells third of bullion holdings

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Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.

Hard going for Anooraq and Eastplats

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The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.