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Reuters

Reuters is an international news organization owned by Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.

Gold falls 2,7% on dollar rise, profit-taking

2nd October 2007 Gold fell 2,7% on Tuesday as a rising dollar prompted investors to take profits from the metal's 28-year highs, but analysts said the upward trend remained intact. 

Gold inches up on oil, but muted ahead of data

4th September 2007 Gold inched higher on Tuesday as firm energy prices encouraged buying, but the market moved in a tight band ahead of the release of US economic data that may offer new direction to precious metals. 

Gold Fields to resume work at Driefontein shaft

4th September 2007 South Africa's Gold Fields was given permission to resume work at a shaft at its biggest mine after an earth tremor forced it to suspend operations, a company spokesman said on Monday. 

Camec vows to fight Congo licence revocation

30th August 2007 Mining group Camec said it would fight the Democratic Republic of Congo's (DRC) move to revoke its mining licenses -- a decision it said was intended to derail the company's pursuit of Canada's Katanga Mining. 

Camec makes C$1,5bn bid for Katanga

29th August 2007 London-listed Central African Mining & Exploration launched a formal offer for Katanga Mining Ltd on Wednesday, but Katanga CE Arthur Ditto said he was not interested. 

Gold edges higher as stock markets rebound

2nd August 2007 Gold edged higher on Thursday in subdued trade as global financial markets rebounded after falling sharply the previous session on prevailing risk aversion. 

Angloplat decision on Twickenham by Q1 2008

30th July 2007 Capital costs have climbed for Angloplat's long-delayed, multi-billion rand Twickenham project and a decision on whether to build it will be made by early 2008, a top official said on Monday. 

Gold rebounds after sell-off, Tokyo hits 1-month low

27th July 2007 Gold recovered on Friday after tumbling to its lowest in two weeks the previous day, while Tokyo futures slipped for the fifth day in a row to a one-month low as investors ditched their holdings. 

Rio Tinto agrees to buy Alcan for $38bn

12th July 2007 Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canadian aluminium company Alcan Inc. for $38,1-billion, in a bid to create the world's biggest aluminium company.  

Zambia to spend $74m to upgrade lime producer

6th July 2007 Zambia's major lime producer for its vast copper and cobalt mines will upgrade equipment and construct a new kiln to boost lime production at a cost of $74-million, the firm said on Friday. 

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