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Canada's Afri-Can diamonds considering JSE listing

Canadian marine diamond miner Afri-Can Diamonds, which is listed on the Toronto Stock Exchange, is examining a potential listing on the Johannesburg Stock Exchange (JSE).

Amplats announces transfer of 51% of Zimbabwe mine to locals

Anglo Platinum announced today that it is transferring 51% ownership of its Unki mine in Zimbabwe to locals. The decision came after President Robert Mugabe's administration pressured Amplats to do so.

AngloGold: Sit-in at Mponeng mine resolved

AngloGold Ashanti Ltd. announced today that a sit-in at its Mponeng mine in Carletonville, in which some 120 of a total of 6,000 workers participated, was resolved in the early afternoon on Thursday.

9M Gold production in Russia up by 4.7% YoY

Gold production in Russia during January-September 2012 increased by 4.7% YoY to 144.4 metric tons (mt), the association of gold producers said.

Coal of Africa reports 3Q results, end of strike at Mooiplaats

Coal of Africa Ltd. today reported its results for the quarter ended September 30, 2012.

Matamec receives second payment of CAD 1.1 million from Toyotsu Rare Earth Canada

Matamec Explorations Inc. today announced that it has received a second payment of CAD 1,119,776 (USD 1,120,778) from its Japanese partner Toyotsu Rare Earth Canada Inc. (TRECan), a subsidiary of Toyota Tsusho Corp. (TTC).

Shandong Gold-Mining starts construction of gold base in Laizhou

Shandong Gold-Mining began building a CNY 35 billion (USD 5.59 billion) gold base with an annual production capacity of 1 million tons and an annual production value of CNY 100 billion (USD 15.98 billion) in Laizhou, Shandong Province, China, on October 28, 2012.

Sesa Goa expects some mining restrictions in Goa to be lifted in November 2012

State of Goa expected to lift a number of iron ore mining restrictions by end of month

Russia nearly doubles 9M 2012 copper exports

Exports of refined copper from Russia increased by 93.5% YoY in January-September 2012 to 204,900 metric tons, the Ministry of Economic Development has reported.

Sishen iron ore supply uncertainty to weigh on ArcelorMittal SA's 3Q results

Market observers expect uncertainty to weigh on results

Xstrata, Glencore shareholders to vote on merger on November 20

On November 20, 2012 Glencore and Xstrata shareholders will attend a meeting, where they will vote on the merger of both companies. The transaction is valued at USD 37 billion.

No end in sight for Anglo Platinum strike in Rustenberg

The strike coordination committee in Rustenberg, South Africa today said that Anglo Platinum workers will continue with their strike movement.

Analysts: Freeport to pay USD 1.25 per share in 2012

Freeport-McMoRan's 2012 net profit witnessed a decrease of 32% compared to 2011 due to a decline in the production of gold recently announced by the company.

Uranium One's Mantra Tanzania aims to launch Mkuju River mine next year

Uranium One Inc. subsidiary Mantra Tanzania said today that it aims to start construction work on its Mkuju River uranium mine in southern Tanzania in 2013. The company hopes to become one of the top ten uranium producers worldwide.

Donghua to buy Cambodian gold mine from Yuetai Group

Guangzhou Donghua Enterprise Co., Ltd. announced that it has signed a letter of intent with controlling shareholder Guangzhou Yuetai Group Co., Ltd. to acquire its gold mining subsidiary Xinyuan Mining.

Fresnillo's board approves feasibility study for San Julian project

Fresnillo PLC has announced that its board of directors has approved the feasibility study for the company's silver project in San Julian, Mexico.

Energy minister: Malawi holds over 30 million tons of rare earth minerals

Cassim Chilumpha, Minister of Natural Resources, Energy and Environment in Malawi, said today that the country holds more than 30 million tons of rare earths and a mining lifespan of roughly 30 years.

3 new gold deposits discovered in Sonora, Mexico

Three new gold deposits have been discovered in the North West of Sonora, Mexico.

BHP confident iron ore prices will stabilize

BHP Billiton CEO Marius Kloppers said during the company's annual general meeting yesterday that the record high iron prices witnessed over the past decade will not be repeated.

Zijin Mining Group Co. announces 3Q 2012 results

Zijin Mining Group has published its 3Q 2012 financial results.

Negotiations over central bargaining platform for platinum sector slowing down

Union sources in South Africa have said that talks over the creation of a central bargaining platform for the platinum mining sector are slowing down as labor relations among the majority of platinum producers have begun to stabilize.

Cynthia Carroll cautions against marginalization of women in European boardrooms

Cynthia Carroll, the CEO of Anglo American who announced her resignation earlier today, has warned investors that calls for quotas regarding the number of women required to serve on European firms' boards of directors may reduce women to having a token presence.

Freeport-McMoRan has no intention of establishing copper refinery

The CEO of Freeport-McMoRan said on October 19 that the company will not construct a new copper refinery due to the abundant supply of copper and the low profit margin of copper.

Samancor to update workers on wage agreement

Following a meeting yesterday, Samancor Chrome said that it will issue an update to workers regarding their wage agreement.

Miner injured at Alrosa's mine dies in hospital

The miner who was injured at ALROSA's Mir mine in early October has died in the hospital, a company spokesman said.