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Palabora shells out on dividend

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Rio Tinto's Palabora Mining declared a substantial interim dividend on Tuesday following a drop in net earnings coupled with an increase of cash in hand.

African Eagle cautious on larger Zanzui

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African Eagle has seen promising results from its second nickel deposit, but said it is too early for the company to make a decision on whether or not to change its focus from Dutwa.

Copper soars on economic optimism

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Copper and aluminium prices struck multi-month highs on Friday, fuelled by economic data suggesting global economic recovery may be on the way.

Chambishi agrees cobalt deals with DRC mines

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Zambia's largest cobalt producer Chambishi Metals has agreed cobalt concentrate supply deals with some mines in the Democratic Republic of Congo.

Metorex Ruashi mine exceeds copper production

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Metorex's flagship Ruashi mine exceeded company expectations in the June quarter, overshooting production expectations by nearly 1,000 tonnes.

Metorex sells stake in fluorspar

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Metorex sells a 15% stake in its Vergenoeg fluorspar mine, raising R108m towards funding of its Ruashi copper/cobalt mine and paying down debt.

Anglo strategy to trump results

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Anglo American's fall in interim earnings will be overshadowned by its efforts to show it does not need to merge with Xstrata.

CNMC to start copper mine

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China Nonferrous Metal Mining Corp (CNMC) will start building its Mulyashi copper mine in Zambia from January next year.

London copper pauses after rally

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London copper fell nearly 1% percent as investors paused after a recent rally pushed the price to nine-month highs, but they remained mostly bullish.

Rio exits Guinea iron ore blocs

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Rio Tinto agreed to remove equipment from two disputed iron ore concessions in Guinea awarded to a private firm which is seeking partners to develop them.