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Steel price hike announced

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THE base list price of all general flat and long steel products will increase from February, says ArcelorMittal SA.

Tata to keep Riversdale stake

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India's Tata Steel says it will not let go of its holding in Mozambique-focused Riversdale Mining, calling it a strategic stake.

GFMS: Gold may reach $1 600

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Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.

AngloPlat sees significant profit jump

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Anglo Platinum says its full-year profit has probably risen as much as seven-fold, helped by higher metal prices.

Platfields boss rues share meltdown

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The share price woes of Platfields, barely a month into its life as a public company, is difficult to fathom and will imperil its planned shares for cash capital raising, says CEO Bongani Mbindwane.

Flood affected coal line to reopen

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Australia's most flood-affected coal rail line may be reopened as early as next week, says operator QR National.

New twist in Nkwe rights saga

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Nkwe Platinum claims to have won the backing of the Bengwenyama community in a new prospecting application, but the community denies this.

India weighs Riversdale bid

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An Indian consortium of five state-run firms will meet next week to decide on a counter offer for Riversdale Mining.

Coal railings back to normal, says Transnet

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Transnet Freight Rail says its coal line service is back to normal, adding that its catch-up in clearing the backlog of coal railings remains on track.

Village places shares for Cons Murch

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Village Main Reef will place 10 million shares to fund the planned expansion of Consolidated Murchison.