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Anglo predicts 150m tonnes iron ore output

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UPDATED: Anglo American's iron ore output capacity may rise to above 150 million tonnes by 2020, says an executive.

One for the brave

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Investors have given Platfields an overwhelming thumbs down after its debut on the JSE, despite the optimistic outlook of CEO Bongani Mbindwane.

Xstrata seeks new chair

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Xstrata is considering replacing chairperson Willy Strothotte, reports Sky News.

Sacci to tackle acid mine drainage

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The SA Chamber of Commerce and Industry has established a working group on acid mine drainage and other water issues, according to a report.

Hillside strike continues

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About a third of workers at BHP Billiton's Hillside aluminium smelter in Richards Bay are involved in an ongoing strike, says the company.

Petra ups Koffiefontein stake

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Petra Diamonds has increased its effective interest in its Koffiefontein mine from 70% to 74%.

SA records gold output gains

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South Africa's gold output during the third quarter rose 2.1% compared with the second quarter, says the Chamber of Mines.

Copper to outperform base metals – Goldman

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Metals prices will diverge to follow their own fundamentals during 2011 as emerging market economies drive ahead and demand recovers in developed nations, says Goldman Sachs.

African Eagle starts to soar

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The share price of African Eagle Resources has taken off, as institutions are seemingly buying management's story that the company found a world class nickel deposit in Tanzania.

Rio mulls more Alcan asset sales

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Rio Tinto may sell some aluminium smelters and refineries with limited growth potential, and is considering a major capital investment at its Alcan unit, according to a report.