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SA needs to spend $1bn for potable water

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South Africa needs to spend as much as $1bn in order to make toxic mine water potable, said the country's Department of Water Affairs.

Gold to fall to $1,200/oz in Q4: SocGen

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The price of gold would fall to $1,200 per ounce in the fourth quarter amid more sales of exchange traded products, Societe Generale said in a recent report.

Mugabe ‘youthful as boy of nine’

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Robert Mugabe spoke of his good health in a speech to followers at his 90th birthday celebrations on February 23.

Ramatlhodi to dispose of mining shares

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Ngoako Ramatlhodi is to dispose of his shares in Atlatsa Resources in order to avoid any conflict.

Zille fears Russia nuclear deal corrupt

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Helen Zille, leader of the Democratic Alliance, said the proposed $10bn nuclear deal with Rosatom could contain corruption "on a grand scale".

Nene declines to name asset sale targets

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Nhlanhla Nene, South Africa finance minister, declined to name the government-owned non-core assets that could be sold to recapitalise Eskom.

Moody’s warns on iron ore price falls

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Iron ore prices may have further to fall and could result in ratings adjustments of producers of the mineral, said Moody's.

Chinese interest in CRG may be cooling

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Central Rand Gold said talks with Chinese suitors was changing with progress slowing in one instance while another bidder did not contemplate a takeover.

Naive to hope CEOs will openly criticise Govt.

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Bernard Swanepoel, chairman of Village Main Reef, said it would be naive to think chief executives could openly criticise the South African government.

Glencore, Rio Tinto to combine Oz coal assets

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It has been speculated that Glencore Xstrata may combine its coal assets in Australia with those owned by Rio Tinto.