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Harmony cut costs at Hidden Valley

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Harmony Gold says it has cut costs at the Hidden Valley mine in Papua New Guinea, though it also experienced unscheduled "mechanical downtime" on an ore conveyer.

First Uranium ‘to pay’ Simmers debt

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The settlement of Simmers’ R155m Absa notes may be one of the first new purposes envisaged by Bernard Swanepoel for the gold junior’s 25% stake in First Uranium.

Marcus appeals to nationalisation backers

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Those proposing nationalisation should leave ideology out of it and need to judge how efficient state-controlled companies are, says SA Reserve Bank governor Gill Marcus.

Rio content with lesser stake in Riversdale

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Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.

Zimbabwe gets heavy on indigenisation

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The publication of a timetable for Zimbabwean mining indigenisation has put the cat among the platinum pigeons, with Impala and Aquarius investors running for cover.

Pallinghurst’s lacklustre share price

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Pallinghurst Resources is getting things right at the operating levels of its various interests and its NAV is rising, but the share price is yet to reflect this.

Zim plan wrecks Aquarius shares

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Shares in Aquarius Platinum have tumbled amid Zimbabwe's plans to force companies to sell 51% of local assets to indigenous people.

Glencore pushes ahead with $10bn IPO

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Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.

Grow iron ore exports, not steel

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Kumba Iron Ore reckons South Africa's iron ore business has a far more attractive future than the country's steel sector and government intervention needs to be "carefully evaluated".

Deadline moved for online mines system

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The department of mineral resources has been given two more weeks to test a new online system for prospecting and mineral rights says the mineral resources minister.