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SA stocks rally ahead of second draft charter release

SHARE prices rose strongly in South Africa overnight as mining companies and investors braced themselves for the scheduled release of the second draft of the country's controversial mining charter later today.

Tim Treadgold
SA stocks rally ahead of second draft charter release

Anglo American shares jumped by 5.5% and BHP Billiton rose by 4.3% as speculators adopted an optimistic view of the charter. The rises were in sharp contrast to July when a leak of the first draft shattered...

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