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Tanzania in $3bn Chinese coal, iron ore deal

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China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.

Copper crashes to lowest since 2010

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Copper has crashed below the psychological $8,000/tonne level, as economic fears escalate on news of a manufacturing contraction in China combined with a grim outlook for the US economy.

Buy platinum metal, not the shares – JP Morgan

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Investors should go for physical platinum and palladium in the short-term as the platinum mining companies battle operational headwinds, according to JP Morgan Cazenove.

‘King Cobra’ Sata leads Zambia election count

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Opposition leader Michael Sata has taken a lead in Zambia's presidential election, with 10% of votes counted.

Production disruption at Village’s Cons Murch

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Village Main Reef says it has started a process to dismiss employees that have been participating in unprotected strike action at its Consolidated Murchison mine in Limpopo.

DiamondCorp confident over fundraising

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DiamondCorp will need to raise more funds within the next 12 months to continue with the development of its Lace mine in the Free State.

All that glitters is not just gold, say CEOs

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Prices for silver are expected to strongly rise due to a worsening economic landscape, mining CEOs say, with some predicting a price of $50/oz within six months.

Petmin increases pig iron project investment

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PETMIN has announced details of a $25m investment in its Canadian iron sands and pig iron joint venture project.

Gem Diamonds unveils Letseng Star

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Gem Diamonds has announced the naming and unveiling of the historic 550 carat diamond recovered from its Letšeng mine in Lesotho.

Pallinghurst minds the gap as it targets LSE

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The gap between Pallinghurst's share price and its net asset value has widened to around 50%, prompting chairman Brian Gilbertson to look at a listing in London to stimulate demand for the stock.