Pan African Resources to acquire Evander gold mine

African_Resources_flickrPan African Resources has entered into a deal with Harmony Gold to buy the Evander gold mine in South Africa for US$176.71 million

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Randgold says 2012 target realistic despite Mali unrest

Randgold_Resources_gold_mine_-_crusherRandgold Resources has brushed off concerns that its target for 2012 would be affected by the unrest in Mali after it told investors it was on track to meet its production guidance for the year

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Zambian explosives firm doubles capacity

Zambia_explosivesExplosives firm, Orica, will double its production capacity from 10,000 to 20,000 tonnes per year once its US$2mn plant in Chambishi on the Zambian Copperbelt is completed

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KCM invests US$2bn

KCM_1Konkola Copper Mines (KCM) has invested around US$2bn since London-listed Vedanta Resources took over the Zambian mining firm in 2004

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Nickel producer faces closure

Nickel, producer, faces, closure, BNC, africa, zimbabweZimbabwe’s largest nickel producer, Bindura Nickel Corporation,  says "uncertainty" over the country's indigenisation laws have cast doubt over the group's capability to continue operations

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