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Vale’s the only offer, says Metorex

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Metorex says it has still received no firm offer from any party other than Brazil's Vale, which has made a $1.1bn offer for it.

Platmin expects prolonged disruption

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Operations at the Pilanesburg platinum mine belonging to Platmin will be disrupted for some time, following an illegal disruption by employees of the mining contractor.

Tough times at the face

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New entrants to South Africa's coal sector had a bucket of cold water thrown over them at the recent Coaltrans South Africa conference.

Zambian coal power plant construction to start

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Singapore's Nava Bharat Pte plans to start construction of a 300MW coal-fired power plant in Zambia by the end of 2011 and complete it by 2014, says company director Ashwin Devineni.

Union, gold firms resume wage talks

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The National Union of Mineworkers hopes to secure a 14% pay increase when it meets gold mining industry representatives in further salary talks, says a senior official.

Carroll hits out over taxes, nationalisation

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Governments in mineral-rich countries must steer clear of the "blind alleys" of nationalisation and excessive tax if they want to attract continued investment from global miners, says Anglo American CEO Cynthia Carroll.

Mantra eyes uranium mine inside Unesco site

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Mantra Resources plans to build a $400m uranium mine inside a world heritage game reserve in Tanzania within the next three years, says a cabinet minister.

SA gold output falls

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Gold output during the first quarter of this year has fallen 9.3% compared to the fourth quarter of 2010, says the Chamber of Mines.

MIC portfolio shows strong growth

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The Mineworkers Investment Company has grown its investment portfolion from R1.2bn to R2.2bn during its past financial year.

Vale boosts Moatize coal output target

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Brazilian mining giant Vale has raised its initial production target for the Moatize mine in Mozambique by 76% and expects to quadruple that result in 2012.