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Lonmin pays dividend, sees platinum shortfall

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Lonmin, the world's third-biggest platinum producer, has restarted dividends after posting a better-than-expected swing to full-year profit as prices and output recovered.

BHP kills Potash bid, revives buyback

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BHP Billiton has scrapped its $39bn bid for Potash Corp, and says it will return $4.2bn to investors through a share buyback.

Xstrata refutes Mandela link

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Global resources group Xstrata has taken umbrage at insinuations of improper conduct in the sale of its former Maloma operations to Chancellor House.

Shabangu exposes mine audit subversion

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UPDATED: Mineral Resources Minister Susan Shabangu has cited bribery and intimidation as some of the challenges her department faced in the audit of mining and prospecting licences.

Anglo sells Scaw assets

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Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.

Zambia reports sharp rise in copper output

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Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.

John Block mined with forged licence

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Controversial ANC Northern Cape chairperson John Block is a director of a company that for years has mined salt in the Kalahari with a fraudulent mining licence, court records show.

Gold falls most since July

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GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.

Mandela’s fugitive son-in-law in coal deal

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Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.

Fitch downgrades Harmony

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Fitch Ratings has lowered its assessment of Harmony Gold, maintaining a negative outlook for future re-ratings because of concerns over the gold producer’s cash holdings.