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Botswana passes on $1.26bn De Beers rights

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Anglo American says its has lifted its stake in De Beers from 40% to 85% after the Botswana government passed on its pre-emptive rights worth $1.26bn.

Gold One to hold Ezulwini by end of week

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First Uranium says the sale of its Ezulwini mine to Gold One International is on track, and is expected to be implemented on Wednesday.

Amplats’ Griffith has little margin for error

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Anglo American Platinum’s Chris Griffith has inherited a rather unenviable position in SA’s mining industry. However, he does seem to be extraordinarily blessed with good fortune.

Gold One eyes new prime assets

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As Gold One International is about to add First Uranium’s Ezulwini to its portfolio of assets, CEO Neal Froneman says the company may announce more acquisitions before the end of the year.

Red tape heaps delay on Anglo’s Minas Rio

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Legal and bureaucratic interruptions would delay Anglo’s Minas Rio iron ore project once again, with an as yet undisclosed cost impact on the $5.8bn project.

Nicolau felt Amplats had already cut back

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Speaking to Miningmx before his resignation, former Amplats CEO, Neville Nicolau, said he didn’t see the point in cutting ounces only for the benefit of the rest of the industry.

Atlatsa’s Bokoni will not be shut amid review

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Atlatsa Resources said its R5bn recapitalisation programme with Amplats would not be complete in July as forecast, but added there were no plans to close its Bokoni mines amid Amplats’ restructuring review.

Gold Fields suspends Tarkwa heap leaching

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Gold Fields said it was seeking reopening of its heap leaching activities at Tarkwa gold mine in Ghana after offering to build water treatment facilities there.

CoAL shares waiting on three key triggers

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Shares in Coal of Africa are nearly 50% weaker since the beginning of the year, but management remains adamant the share will recover. Here’s three reasons why.

Lonmin hauls in capex, output growth

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Lonmin cut production growth and said it might refinance its balance sheet amid pricing conditions which, it said, may persist longer than anticipated.