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Eskom promises to keep SA’s lights on

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Eskom says contingency plans are in place to ensure it generates enough electricity in spite of heavy rains disrupting coal supply to stations.

Mine deaths tally shows big drop

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Mine deaths in 2010 fell by nearly a quarter compared with the previous year, but the fatality rates are still high compared to industrialised countries.

HSBC ups gold outlook

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HSBC Holdings has raised its 2011 gold price forecast to $1,450 an ounce, citing expectations that investors will be attracted to the metal as a haven from risk.

Japan anxious over rare earth supplies

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Japan's Trade Minister Akihiro Ohata will visit China as soon as possible to talk to officials there to secure supply of rare earth minerals.

Zim given diamond sale go-ahead

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Zimbabwe has been granted permission to continue conducting supervised sales of diamonds mined at the controversial Marange fields, says a government official.

Manuel speaks out on acid mine drainage

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Minister in the Presidency Trevor Manuel has hit out at critics of his stance towards acid mine drainage, saying his detractors are part of a campaign to sow panic.

Richards Bay coal exports rise

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The Richards Bay Coal Terminal managed its best performance in three years during 2010, but the amount of coal being exported remains way below its installed capacity.

Higher demand outlook aids copper rally

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Copper is continuing its record-breaking run, buoyed by positive manufacturing data from around the world.

Anglo ties-up Scaw Metals assets deal

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Anglo American has completed the sale of Scaw Metals assets Moly-Cop and AltaSteel to Australian steel manufacturer OneSteel.

Russian firm hires ex-Anglo director

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Russian steelmaker Severstal has recruited former Anglo American executive Philip Baum to head the $4bn flotation of its gold unit, according to reports.