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More support for amicable outcome in Zimbabwe

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A far more positive outlook on Zimbabwe’s controversial indigenisation legislation will become clearer by the end of 2011, says Australia’s ambassador to the country.

Resource nationalism the ‘biggest threat’

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Resource nationalism was the number one issue threatening the mining industry and, in turn, threatening investment in the minerals sector in African countries.

Peru to present mining royalty bill in 2 weeks

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Peru's new leftist government plans to send a closely watched proposal to increase mining royalties to Congress in the next two weeks, says the country's finance minister.

Zimbabwe pledges leniency on indigenisation

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Zimbabwe won't "force indigenisation down investors' throats", says the country's Minister for Economic Planning and Investment Promotion.

Get a grip on reality – Motsepe

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SA’s business community is impotent at affecting policy decisions - such as nationalisation - and needs to work at it, says ARM chairperson Patrice Motsepe.

Nationalisation ‘put to bed’ in 2012

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Investors will have clarity on nationalisation in SA by July next year, according to Sandile Nogxina, special advisor to Minister of Mineral Resources Susan Shabangu.

ARM boosts full-year profit, dividend

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Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.

Zimbabwe gives Rio ‘part approval’

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Rio Tinto's Murowa diamond mine in Zimbabwe says it has been given "part approval" for its plan to comply with indigenisation legislation.

Terms to be attached to mining licences

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Mining licences will in future be granted with attached conditions, to ensure a supply of raw material for local industries seeking to further refine, or beneficiate, the extracted minerals, MPs hear.

Namibia’s diamond, uranium output down

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Namibia's diamond output more than halved in the second quarter of this year to 208,000 carats as economic woes hit demand, financial group Capricorn Investment Holdings said on Tuesday.