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De Beers’ Gahcho Kue project approved

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The Gahcho Kue diamond project, described as one of the world's best, received the approval of Canada's government.

Universal to sell coal to Exxaro Resources

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Australian coal mining junior, Universal Coal, is to sell 100,000 tonnes a year of export quality coal to Exxaro Resources.

Anglo may have lost $1.7bn on Amapa

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Anglo American has taken a major haircut - possibly as much as $1.7bn - on the sale of its Amapa iron ore mine in Brazil, according to a report.

Antwerp group to sell 12m in Zim diamonds

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The Antwerp Diamond Centre wants to sell 12 million carats of diamonds mined from Zimbabwe this year.

Iron ore prices at “pain point”, says Albanese

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The price of iron ore has fallen 42% this year, a level that former Rio Tinto boss, Tom Albanese, said represented a "pain point" for high cost producers.

Mokonyane urges miners to save water

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Mining companies have been urged to conserve water by South Africa's water affairs and sanitation minister, Nomvula Mokonyane.

Congo springs to defence of Chinese

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The Democratic Republic of Congo sprang to the defence of Chinese mining companies operating in its borders saying they were not guilty of abuses.

Kusasalethu closure to cost Harmony R112m.

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The two-week closure of Kusasalethu on the West Rand would cost the company about R112m in revenue.

Hayward confirmed as Glencore chairman

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Tony Hayward has been appointed chairman of Glencore Xstrata, a role he currently holds on an interim basis.

Ownership of mines may revert to whites

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SA's mining sector may fall under the complete control of whites if empowerment targets were not perpetually set a 26% target in the mining charter.