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Metorex expects no earnings surprise

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Metorex has advised that for the 12 months ended June 2010 it expects headline earnings to be between 22c and 26c per share compared with 2009's 24c.

Platmin focus on boosting Q3 perfomance

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Unkind weather, between April and May, and reconstruction of the pinion at the Merensky mill slowed down Platmin's operational perfomance during Q2.

Aquarius swings back into profit

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AQUARIUS Platinum swung to a net profit as higher metal prices outweighed lower output resulting from the temporary closure of the Everest mine.

AngloGold to keep hedge options open

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AngloGold Ashanti's Mark Cutifani says the group will keep an open mind on removing the remainder of its hedge book, now less than a year's production.

Firestone Energy increases Waterberg resource

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Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.

Impala earnings up to 25% lower

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Full year share earnings for Impala Platinum could be up to a quarter lower owing to a share-based expense.

Anarchy and death at Aurora mine

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Miners at the Aurora Empowerment Systems are concerned about their safety after allegedly being attacked by a group of trigger happy security guards.

ICT gets sweet deal from ArcelorMittal

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Sources say Imperial Crown Trading will get R200m from ArcelorMittal even if it loses the action against Kumba Iron Ore over the prospecting right it has been awarded to part of the Sishen mine.

Eastplats takes a knock

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Eastern Platinum has been hit by lower production and sharply higher costs after it dismissed a quarter of its production crews in May because of poor safety compliance.

Zim poised for billion dollar diamond sale

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Zimbabwe's state coffers are poised for a huge cash injection as 4.5 million carats of diamonds, worth up to $1.7bn according to the government, go on sale in the capital Harare.