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Congos neglected state miner hankers for past glory

KAMBOVE - At the heart of the Democratic Republic of Congo's southern mining belt, Kambove once churned out ton upon ton of copper for Gecamines, a sprawling conglomerate that used to make up ...

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Romanias Petrom signs exploration deal with Spains Repsol

BUCHAREST | Fri Feb 22, 2013 7:21am EST BUCHAREST Feb 22 (Reuters) - Romania's top oil and gas firm Petrom, majority-owned by Austria's OMV, will partner Spanish Repsol in an ...

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Surplus supply keeps coal price in a low ebb

The price of coal is likely to remain bearish this year because of surplus production and the probable further decline of power production, the former head of the National Energy Administration said ...

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Shell Arctic Drilling Plans in Doubt

Shell's plans for a second summer of drilling in the Arctic Ocean are in doubt as the company says it must tow its two Arctic drilling rigs to Asian ports for ...

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Mason Graphite reports excellent metallurgical test results

Feb. 22, 2013 /CNW/ - Mason Graphite Inc. (TSXV: LLG) ("Mason Graphite" or the "Company") is pleased to report the completion of metallurgical tests on its Lac Guret graphite ...

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Prokhorov sells Polyus Gold stake for US$3.62 billion

Polyus Gold International Ltd for US$3.62 billion to two Russian investors after receiving approval from the UK's Takeover Panel.Prokhorov's Onexim Holdings Ltd said it had sold an 18.5% ...

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Centerra ordered to revise Kumtor mining agreement

Kyrgyzstan or face being stripped of its licence.Centerra said the Kyrgyz Republic Parliament yesterday adopted a decree requiring the company to revise the mining agreement at Kumtor, which it ...

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SA mine union plans strike at Kumba Iron Ore mine

JOHANNESBURG – South Africa's powerful National Union of Mineworkers said on Friday its members at a Kumba Iron Ore mine planned to go on strike after a disagreement over changes to the ...

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Centerra faces $315 million in fines for new claims of environmental damage...

Canadianminer Centerra Gold(TSX:CG) continues to be under pressure in the Kyrgyz Republic as its subsidiary Kumtor Operating Company CJSC received a claim from the environmental authority for about ...

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White Tiger Announces the Resignation of Directors

Feb. 22, 2013 /CNW/ - White Tiger Gold Ltd. ("White Tiger" or the "Company") (TSX: WTG) announces that it has received and accepted the resignations ...

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Benton completes detailed airborne survey and continues to outline...

Feb. 22, 2013 /CNW/ - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce an update for the ongoing exploration program at ...

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Guyana Goldfields Inc. Announces Closing of C$100 Million Offering

Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "GGI") is pleased to announce that it has closed its previously announced bought deal offering (the "Offering") ...

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A.M. Kitco Metals Roundup Gold Near Unchanged as Bulls Try to Stabilize Market

Gold futures prices are trading near steady in early U.S. dealings Friday. The market is pausing following the recent downside rout in prices that saw gold hit an 8.5-month low Thursday. The bears ...

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Kale contains many of same vitamins and minerals as beef sans fat

Health News: You can even find "Kale is the New Beef" t-shirts! What's the reasoning behind this vivid declaration, and could it possibly be true? Kale is at the top of the food chain ...

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Exxaro expects up to 40 drop in 2012 headline earnings a share

JOHANNESBURG (miningweekly.com) – JSE-listed resources group Exxaro on Friday said its headline earnings a share for the year ended December 2012, were likely to between 31% and 40% lower than ...

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Group five starts work on TCTA AMD contract

JOHANNESBURG (miningweekly.com) – JSE-listed Group Five has started the construction of high-density treatment works, pump station and monitoring shafts to tackle acid mine drainage (AMD) in ...

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California braces for black gold rush

Thousands of feet below some of the United States' richest farmland could be nearly 15.4 billion barrels of crude oil. And companies know it, as they are quietly buying up mineral rights and ...

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AMI Resources Inc. to complete share consolidation

Feb. 22, 2013 /CNW/ - AMI Resources Inc. (the "Company" - TSX-V: AMU) announces that it will proceed with its proposed share consolidation (the "Consolidation") as announced in ...

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Russel Metals Ex-Dividend Reminder

Toronto: RUS ) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 3/15/13. As a percentage of RUS's recent stock price of $28.89, this dividend works out to approximately ...

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Proudly South African Sibanye Gold debuts well in New York

JOHANNESBURG (miningweekly.com) – Proudly South African gold newcomer Sibanye Gold was successfully trading its shares on the New York Stock Exchange (NYSE), corporate affairs ...

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