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Rains hit Anglo hard

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Anglo American has stuck to its production targets despite a first quarter that saw floods and heavy rains hampering output, with coal output from its Australian operations down by over a third.

Gold powers above $1,500

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Gold has rallied above $1,500 an ounce for the first time, extending a run of record highs as investors seeks to hedge growing inflation risks and buy into a broad commodities rally.

BHP boosts iron ore output, warns on coal

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BHP Billiton's iron ore production has jumped, but persistent rains in Australia are delaying its coal output recovery.

Ministers to discuss MPRDA amendments

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High-level talks on bringing environmental regulations for mines in line with legislation for the rest of the country are to take place soon.

Gold soars to fresh record

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Gold has hit a new high above $1 500 as traders sought out the safe haven amid concerns over the global economy.

Australia warns ‘no rivers of gold mining’

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Australia is facing a mining boom with greater challenges and fewer rewards, Treasurer Wayne Swan says, warning there will not be "rivers of gold" like earlier commodities rushes.

Harmony exposed to corporate action

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Harmony CEO Graham Briggs believes his group is undervalued and exposed to corporate action, should a predator be lured by the rich pickings in the Wafi-Golpu project.

CSN sells Riversdale stake

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Brazilian steelmaker CSN has struck a deal to sell its 19.9% stake in Mozambican-focused coal miner Riversdale to Rio Tinto for $830m.

Namibia eyes mining sector growth

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Namibia expects investment of $3.5bn in its mining sector over the next five years, with the industry accounting for 15% of its economic output, says a minister.

Harmony’s Masimong mine to reopen today

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Harmony Gold says its Masimong mine will reopen on Wednesday after it was shut last Thursday when a worker was killed in a locomotive accident.