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US rate cuts likely to boost 2018 Debswana diamond sales

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DEBSWANA Diamond Mining, a joint venture between the Botswana government and De Beers, which is 85% owned by Anglo American, expected strong diamond demand this...

AngloGold Ashanti raises $1.25bn in bond

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AngloGold Ashanti said its corporate bond had been three times oversubscribed, enough for it to raise $1.25bn.

Rio Tinto cuts $2bn from cash costs

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Rio Tinto cut cash costs by more than $2bn even though it posted record iron ore and thermal coal fourth quarter production figures.

BHP to focus on iron ore, coal, copper …

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BHP Billiton identifies assets that it wants to develop leaving its nickel, manganese and aluminium assets potentially out in the cold.

SA to re-establish top ferrochrome spot

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South Africa would regain top spot as the world's largest ferrochrome producer in about five years, a position it recently yielded to China.

Lonmin lowers full-year sales to 420koz

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Lonmin reduced its full-year sales guidance to 420,000 ounces for the year to September, nearly half of the 715,000 oz in sales during the previous year.

Resgen bags plant contractor, lowers cost

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Resource Generation said it had secured a contractor for the plant for its proposed Boikarabelo mine are more than $50m below budget.

Ramatlhodi shock at illegal miner killings

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South African mines minister, Ngoako Ramatlhodi, said the government would press ahead with plans to stamp out illegal mining in the wake of more fatalities.

Gold shares catch investors’ eyes

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Investors made more money from investing in gold shares than in ETFs backed by bullion so far this year.

Wescoal signs 221kt deal with Eskom

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Wescoal Holdings has signed a short term contract with Eskom to supply the power utility with 221,000 tonnes of coal from Wescoal's Elandspruit operations.