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Soros leads liquidation of gold-backed ETFs

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George Soros was among the high profile investors to dump gold-backed exchange traded products last month.

Zim to seize unused mineral rights

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Zimbabwe will seize mineral permits that have not been used for mining development in terms of Finance Bill the southern Africa country has written.

Former BHP boss gets R151m in shares

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BHP Billiton boss, Marius Kloppers, is to receive R151m in share awards at his official retirement which begins in October.

Liberia spent $40m fighting Ebola

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The central bank of Liberia has spent $40m fighting the effects of the Ebola virus outbreak and had forced it to seek new partnerships with institutions.

Strike at AngloGold’s Mali mines delayed

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A strike at the Mali mines of AngloGold Ashanti over improved lay-off terms has been delayed while workers look towards more negotiations.

Zwane appointment could unseat wage talks

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The appointment of Mosebenzi Zwane as South Africa's new mines minister could unseat progress made in gold industry wage talks.

Universal Coal to make cash distributions

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Universal Coal said it was in a position to repay shareholder loans or pay dividends following the successful ramp-up of its Kangala coal mine.

X2’s Davis to begin ‘investment process’

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Mick Davis, founder of X2 Resources, said the company was reading to begin investing having raised $3.75bn in funding for deals.

Waterberg Coal Co. doubles coal resource

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Sydney- and Johannesburg-listed Waterberg Coal Company said the measured resource of its Waterberg Project had doubled to just over two billion tonnes.

De Beers to cut 189 jobs in South Africa

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De Beers plans to cut 189 positions in South Africa as it looks to reduce costs during a period of softer demand for gems.