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Namdeb searches for 78 carat diamond

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Police in Namibia are searching for a missing 78 carat diamond which went missing from Namdeb during a recent strike.

Value of mining deals higher in 2014 vs 2013

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There was an increase in the value of merger and acquisition transactions in the global mining sector in 2014 compared to 2013, said Grant Thornton.

Mwana to issue bond for Bindura restart

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Mwana Africa is to issue a bond to finance the restart of a smelter by its 74% owned subsidiary, Bindura Nickel.

Miners in Zambia to cut power up to 15%

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Mining firms in Zambia have agreed to cut power usage by between 10% and 15% to ease pressure on the country's national grid.

DRDGold swings into profit

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DRDGOLD swung into profit for the first nine months of its 2014/2015 financial year as gold output increased 11% and it reined-in costs.

Eskom to lose top executives

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Steve Lennon and Erica Johnson, top executives at Eskom, are to leave the company owing to "personal" reasons.

MPs fall for beneficiation through quotas

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Mining companies producing strategic minerals such as coal and iron ore should allocate at least a fifth of their output to local beneficiation, said MPs.

Bristow heartened as DRC commits to talks

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Randgold Resources CEO, Mark Bristow, said he was heartened by the Congo's decision to restart negotiations regarding mining code changes.

Pan African defends Uitkomst bid

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Cobus Loots, CEO of Pan African Resources, said the purchase of the Uitkomst coal mine would give the company a competitive edge over gold producing rivals.

Buffalo shareholders approve loan changes

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Shareholders in Buffalo Coal Corporation approved the increase in a convertible loan to $29m from $25m previously.