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Uranium One loss narrows

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Uranium One has posted a narrower quarterly loss, assisted by an increase in production.

Gold One bondholders stay put

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Mining junior Gold One International says none of its bondholders has exercised a once-off put option to redeem bonds for cash.

First Uranium posts wider-than-expected loss

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Gold and uranium producer First Uranium Corp posted a wider-than-expected quarterly loss, hurt by foreign exchange translation and certain expenses.

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.

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.

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.

Nationalisation study gets underway

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The ruling ANC will appoint two independent researchers to investigate the nationalisation of mines, says secretary general Gwede Mantashe.

Platmin’s forecast fiddling to stop, says CEO

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Ongoing downward adjustments of production forecasts at junior miner Platmin have come to an end, says CEO Tom Dale.

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.