Local Mining News
 British Rail Freight company may step in if Transnet fails to upgrade its rolling stock in time, according to sources quoted by Reuters.
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 According to Mvelaphanda Resources trading statement for the period ending December 2009, headline earnings per share dropped to 51c from 1,110c previously.
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BANNERMAN Resources Limited announced in a SENS statement today that measured resources are expected to increase.
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 Australia’s Rio Tinto and BHP Billiton could hold out for — and get — an 80% increase in the price of iron ore, their second highest annual hike ever, to help fund expansion, if the mining giants should lose a battle to switch to spot pricing.
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SA Government bails out state firm, then decides to drop project entirely saying it is no longer viable.
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In June 2007, Sentula announced the formation of a 50/50 joint venture with Merafe Resources Limited known as Merafe Coal - but Merafe has pulled out.
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Northam Platinum listed a 47,2% headline earnings per share drop in their results for the year ending 31 December 2009
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International Mining News