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Resource nationalism the ‘biggest risk’

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Resource nationalism is the biggest threat facing the mining sector this year and next as governments seek to take advantage of higher commodity prices, says Ernst & Young.

Hawks target ICT powerbroker

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The power-broker behind the Imperial Crown Trading led consortium - that could turn a number of partners into multimillionaires - has reason to sweat.

De Beers, Num sign deal to end strike

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Diamond producer De Beers has signed a two-year wage deal with the National Union of Mineworkers, ending a 14-day strike.

Jubilee Platinum upbeat on Tjate results

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Jubilee Platinum has reported excellent flotation recoveries from its Tjate project, but the concentrates produced can only be smelted using the company's ConRoast technology.

BHP to appeal power rates judgment

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BHP Billiton will apply for leave to appeal against a judgment ordering it and Eskom to disclose the power price agreements of BHP’s aluminium smelters.

Court orders release of Eskom/BHP prices

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UPDATED: A judge has ordered state utility Eskom to release details of an undisclosed pricing deal with mining giant BHP Billiton.

Exxaro sees significant HEPS increase

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Diversified miner Exxaro says it expects to report a rise in first-half headline earnings per share, boosted by a good performance at its coal business.

Rio’s Albanese ‘realistic’ about Africa

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CEO of the $127bn mining group says it serves to be realistic about where it can invest and that resource nationalism will be a challenge for 'years to come'.

Rio Tinto misses target, expands buyback

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Global miner Rio Tinto has reported a 35% jump in first-half profit, but missed market expectations.

Cosatu: nationalisation is a given

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Nationalisation is going to happen; it is just the manner in which it will be implemented that needs to be decided, says the Congress of SA Trade Unions.