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Southern Palladium says resource update to support $408m project

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SOUTHERN Palladium, the Johannesburg-listed platinum group metals exploration firm, said it had completed drilling which would "provide a strong foundation" ahead of producing a...

Chavez to nationalise Venezuelan gold industry

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Venezuela will nationalise its gold industry and is moving its international reserves out of Western countries, says President Hugo Chavez.

AMCU lifts curtain on platinum wage talks with R12,500 demand

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THE Association of Mineworkers & Construction Union (AMCU) intends to kick off wage negotiations in the platinum sector on July 12 at Impala Platinum...

BHP to play hardball on China refining fees

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BHP Billiton is holding out for a hefty cut in copper treatment and refining charges with Chinese and Japanese copper smelters which are suffering the effects of margin shrinkage.

Sibanye-Stillwater to takeover Australia’s New Century for $83m in off-market deal

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SIBANYE-Stillwater returned to its deal-doing ways today announcing an off-market takeover offer for New Century, an Australian listed tailings retreatment company in which the...

Exxaro Resources to reduce stake in Tronox to 1.6% in public...

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EXXARO Resources will sell off the bulk of its stake in Tronox in a public offering announced today, said Chemicals Week in a report. The...

Barrick beats consensus as metal prices offset Q1 production decline

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BARRICK Gold reported adjusted earnings for 14 US cents a share for the first quarter owing to higher metal prices which offset a decline...

Zim’s Chinamasa turns to platinum royalty

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Days after shaking hands with Russia on a $3bn platinum investment, Zimbabwe finance minister, Patrick Chinamasa, looks at lowering the royalty on the metal.

SA gold firms unmoved by in-favour UK market, despite Govt.’s failure...

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THE sale of AngloGold Ashanti’s South African assets to Harmony Gold was approved unconditionally last week - a development that potentially frees AngloGold to...

Wanblad labels BHP takeover pitch “disrespectful” to SA

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DUNCAN Wanblad, CEO of Anglo American labelled BHP's two-step demerger and takeover proposal as "disrespectful" to South Africa, adding that his company's treatment of...