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Libyan authorities have arrested several customs officials for attempting to traffic abroad about 26 tons of gold worth almost 1.8 billion euros ($1.9 billion), prosecutors said. The Libyan prosecutor’s office did not detail the suspected origin of the massive amount of precious metal, greater than the national gold reserves of many countries. Authorities ...
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Anglo American today announced a radical restructure – its most far-reaching in decades – in which it would demerge its 79% owned Anglo American Platinum (Amplats) and sell or demerge De Beers, the diamond miner with which it has been associated for over a century. It also proposes the sale of its steelmaking coal assets and the closure or sale of its ...