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Anglo American CEO slams nationalisation

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Anglo American CEO Cynthia Carroll has derided nationalisation as an economic policy that - drawing on the group's prior experiences in Zambia - "simply does not work".

SA remains coy to fiddle with rand

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South Africa will not be making "inappropriate short-term" responses to weaken the rand as this will hamper longer-term economic growth, says finance minister Pravin Gordhan.

Law to nationalise mineral rights – critics

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New legislation will remove the final reference to privately held ownership of minerals, in effect nationalising mineral rights, critics say.

Majali to appear in court

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Alleged corporate hijacker Sandile Majali, who was at the centre of the Oilgate scandal, is expected to appear in a Johannesburg court.

Kebble trial resumes

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Slain mining magnate Brett Kebble's murder trial is set to continue, more than five years after he was shot dead.

BlackRock bullish on copper, iron ore

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BlackRock Inc, the world's largest money manager, is overweight copper and also favours iron ore, says the firm's resources-division chief.

First weekly gold decline in three months

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Gold has recorded its first weekly decline in nearly three months, with investors keeping an eye on any statements from the G20 meeting.

Mine water report kept under wraps

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A government-appointed team of experts has completed a report on acid mine drainage, but the document will not be made public yet, officials say.

Three miners die in separate incidents

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Three mine workers have died in separate accidents in the past two days, says the National Union of Mineworkers.

Cele: Police take part in illegal mining

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Police members are involved in organised crime syndicates which orchestrate illegal mining, says national police commissioner General Bheki Cele.