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Anjin to fire 25% of staff as prices fall

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Anjin Investments, the Chinese company that mines diamonds in Zimbabwe's Marange fields, is to fire 25% of its 845-strong workforce owing to falling prices.

Centamin 2015 forecast disappoints analysts

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Centamin's 2015 gold production forecast of some 420,000 ounces was likely to disappoint analysts.

Coal as strategic mineral damaging: EIUG

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Declaring coal a strategic resource would heavily damage the industry, said Mike Rossouw of the Energy Intensive Users Group.

Zambia may cut power by 600MW

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Zambia may cut power generation by up to a quarter owing to poor rainfall which has affected levels at the country's hydroelectric power sources.

Eskom to ask Nersa for 25.3% tariff lift

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Eskom is expected to ask the National Energy Regulator of South Africa for an increase in the tariff to 25.3% to pay the cost of diesel.

Mining sector facing succession crisis

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The global mining industry was facing a skills crisis as there weren't enough top quality executives to lead companies into the next generation.

UK miners cut CEO pay on failed deals

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The UK's top mining firms cut the average pay to their CEOs in 2012 following a spate of failed deals.

BHP Billiton profit declines 30%

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Full year profit for BHP Billiton fell 30% to $10.9bn with the Melbourne-based company citing lower prices.

Congo approves Kamoa stake sale to Zijin

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The Democratic Republic of Congo approved the sale of a 49.5% stake in the Kamoa copper project by Ivanhoe Mining to Zijin Mining Group.

Harmony to post 10% lower Dec. Q output

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Interruptions at Kusasalethu and Hidden Valley would take production down 10% for the December quarter, the gold producer said.