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India nearly doubles gold import duty

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India has hiked its gold import duty by 90% and doubled the tax on silver as the world's biggest consumer of bullion seeks to increase revenues, sending futures prices higher.

Barclays sees copper prices averaging $9,000

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Barclays Capital expects copper prices to rise by around 10% from current levels, while gold prices are projected to climb above $2,000 an ounce by the third quarter.

Implats’ Brown resigns, offers Zim help

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David Brown, CEO of Impala Platinum, calls it a day after 14 years on the platinum firm's board, but promises to assist with the firm's Zimbabwe affairs if asked.

Poll, indigenisation weigh on Zimbabwe miners

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Regulatory uncertainty will continue to weigh heavily on investor sentiment in Zimbabwe this year, amid the advancement of indigenisation and looming elections.

Xstrata Coal sells Spitzkop, Tselentis

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Xstrata Coal has the sale of its Spitzkop and Tselentis collieries and supporting coal assets in Mpumalanga to the Imbawula Group.

Rio Tinto’s iron ore output flattens out

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Rio Tinto has reported near-flat production growth of iron ore for the fourth quarter, weaker than some market expectations amid concerns that Chinese demand is softening.

Anglo ordered to release Mitsubishi contract

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Anglo American is on the back foot in its dispute with Codelco as a Chilean court orders it to release the sale contract signed with Mitsubishi over a stake in Anglo American Sur.

Forbes Coal posts revenue increase

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Forbes & Manhattan Coal, which has listings in Toronto and Johannesburg, has reported a 245% increase in revenue year-on-year for the quarter to end-November 2011.

Watchdog explains ruling on Petmin’s SamQuarz

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Allowing the sale of Petmin’s SamQuarz silica mine to Thaba Chueu will enable the buyer to control the critical input of its downstream competitors, says the Competition Commission.

Niger to pursue nuclear despite Fukushima

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Niger will push ahead with a plan to develop civilian nuclear energy in partnership with other West African peers despite recent accidents including Fukushima, says the country's president.