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Private equity to invest in slump: Pengilly

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Lloyd Pengilly, head of QKR, said private equity would capitalise on the continued slump in metal prices this year.

SA parliament to pass mine law changes

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Acting chairperson of the minerals portfolio committee said amendments to mining and oil laws should be implemented before national elections on May 7.

Palladium trades up on Ukraine crisis

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The threat of sanctions on Russia by the US and its allies sent the price of palladium higher with the metal trading near its 12-month peak.

Lanxess workers return for work

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German chemicals group Lanxess said workers had returned to work at its chrome mine in Rustenburg after agreeing new wage terms last week.

Acacia scouring West Africa for growth

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Brad Gordon, CEO of Acacia Mining, said the company may find production growth opportunities in Burkina Faso, Senegal and Mali.

Transnet raises R5bn in UK-registered bond

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Transnet, the South African transport utility, has raised R5bn through a London Stock Exchange-registered bond with the proceeds destined for the firm's R305bn expansion plans.

Diamond market may grow 4% in 2014

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De Beers said the diamond market may grow by 4% in 2014, a higher rate than the 3% to 3.5% forecast for the the year in 2013.

Mick Davis speculated to be Rio Tinto’s preferred new chairman

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MICK Davis, the former CEO of Xstrata and more recently appointed head of Britain's Conservative Party, could be heading to Rio Tinto, according to...

Mosebenzi says 32,000 jobs at risk in SA mining

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Up to 32,000 jobs could be shed in South Africa's mining sector owing to the slump in the commodities and metals markets.

Eastplats in $27m minorities buy-out

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Eastern Platinum said it was required to buy out minority interests for about $27m in terms of its cash deal with China's Hebei Zhongbo.