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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.

Gold Fields output disappoints

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

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.

Keaton’s Eskom contract extended

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Coal exploration and development company Keaton Energy says its contract with power utility Eskom had been extended.

Govt plans to profit from rare metals

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Government reportedly plans to establish a R15bn plant to process rare metals, which are used in cell phones, flat-screen TVs and microwaves.

Aurora to appear before MPs

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Liquidator Enver Motala says he and Aurora will give parliament's mineral resources committee an overview of what is happening with Pamodzi's gold mines.

Harmony says bond could help fund Wafi-Golpu

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Harmony says a bond issue is an option to finance development of its project in Papua New Guinea.

Acid water blamed on mine liquidators

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Liquidators of two mines on the East Rand have fought back after being accused of contributing to environmental damage.

Renewed jitters power gold to new record

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Investors worried by the eurozone debt crisis and turmoil in the Arab world have sought safe-haven gold, pushing its price to a new record high.

Metorex in the spotlight

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There is market speculation in Johannesburg around an imminent takeover bid for copper producer Metorex, amid news that its COO has quit.