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Petmin to continue share buy-back

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Petmin said it would continue to buy-back shares in its 2016 financial year as the firm's management believed the share was under-valued.

Holomisa lays into mining houses

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United Democratic Movement (UDM) leader, Bantu Holomisa, said it was not right that mineworkers still died poor while thousands suffer from incurable disease.

DRDGold Q1 gold output down 11%

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DRDGold said first quarter gold production would be down 11% and that it would change its reporting cycle to half yearly announcements in order to cut costs.

Harmony output down 10% in March Q.

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March quarter gold production was affected by slow start ups post the December holidays and safety-related stoppages.

Zambia investment firm ZCCM urged to list

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A private investment company in Zambia is being urged to list, preferably in London while private investors also want their representative elected to the board.

DRC’s Gecamines may consider listing

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The Democratic Republic of Congo's state-owned base metals company, Gecamines, may consider listing, a government official has said.

Rio to resume $20bn Simandou project

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Rio Tinto is considering resuming construction of Simandou which was halted following the outbreak of the Ebola virus in the West African region.

AMCU rejects platinum firms’ ultimatum

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The Association of Mineworkers & Construction Union said he would continue to strike ignoring a plea from the industry that failing to end the strike would result in job losses.

Glencore backs off but Rio still vulnerable

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Glencore may have backed off a proposed merger with Rio Tinto but the Anglo Australian company remained vulnerable, an analyst said.

Gold Fields to lift output 10% in Q3

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Gold Fields is set to demonstrate the effects of uninterrupted production at its Ghana gold mines in the third quarter.