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Rio Tinto may sell aluminium assets

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Rio Tinto is considering spinning off part of its Australian aluminium assets as a planned carbon tax will raise costs and lower margins, reads a report.

Ruling ties DMR’s hand in municipalities

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The Special Court of Appeal has in two separate judgments curtailed the powers of the Minister of Mineral Resources in relation to the granting of mining rights in municipal areas.

Sata’s Zambian win no cause for panic

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Mining investors may react with some nervousness to the election of Michael Sata as president of Zambia, but his victory will not trigger a significant "run for the door'.

‘King Cobra’ Sata wins Zambia presidential race

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Zambian opposition leader Michael Sata has been declared the winner of Zambia's presidential election, ousting incumbent Rupiah Banda as the leader of Africa's biggest copper producer.

Nationalisation debate not healthy, says Phosa

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The picking of sides in the debate on nationalisation is not healthy for the country, given its history, says ANC treasurer general Mathews Phosa.

Peru raises mining taxes to fund social programs

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Peru's Congress has raised taxes and royalties on the lucrative mining sector, handing a legislative victory to leftist President Ollanta Humala.

Gold price spurs drive to get more from dumps

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The vast majority of South Africa's gold lies deep underground but atop the mine dumps scattered around Johannesburg, you can actually walk on the stuff.

Rand off lows but still vulnerable

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The rand has bounced from a two-year low against the dollar, but is still under pressure a day after recording its biggest daily fall since October 2008.

Gold weakens on dollar rally

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Spot gold has slipped under the weight of a rallying dollar, after falling more than 1% in the previous session, when the US Federal Reserve offered a grim economic outlook.

Zambia opposition ahead in presidential vote

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Zambia's opposition leader Michael Sata has held on to his lead over incumbent Rupiah Banda, in the race to become the next president of Africa's biggest copper producer.