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Platinum Group signs MoU to build refinery in Saudi Arabia

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PLATINUM Group Metals, a Canadian company studying the development of the Waterberg Project in Limpopo province, has signed a memorandum of understanding with Saudi...

Gold Fields cautious on output & yield promises

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Getting to five million ounces annual production is the goal but when, and at what cost, is not something any sane-minded gold executive is really going to guarantee.

Ivanhoe’s Friedland at hyperbolic best as he styles Congo answer to...

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IVANHOE Mines executive co-chairman Robert Friedland has delivered his strongest backing yet for mining in Africa declaring the continent's mineral resources to be crucial...

From mining house to home office: SA mining is bidding adieu...

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SOUTH Africa's mining 'houses' were so described to convey the sense of sprawling corporatisation that through time came to typify the ownership patterns of...

Sibanye-Stillwater signs 89MW wind power agreement from 2025 for SA mines

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SIBANYE-Stillwater said today it had taken the first step in a 580MW renewable energy programme after agreeing to buy 89MW of wind power. A 15-year...

Anglo’s Carroll recovers after operation

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Anglo American CEO Cynthia Carroll is recovering well from an operation following a hip injury she suffered during a horse-riding accident last weekend, reports Bloomberg.

Kumba revises offer to end strike

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Kumba Iron Ore has revised its offer for a pay raise as it sought to end a strike by thousands of its workers, a National Union of Mineworkers official says.

Transnet takes loco capital spend to R46bn

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Transnet raised R12bn from a club of South African banks and investors as part of its 1,064-strong locomotive capital programme.

Renewed jitters power gold to new record

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Investors worried by the eurozone debt crisis and turmoil in the Arab world have sought safe-haven gold, pushing its price to a new record high.

Gold storms to new high as Middle East tensions mount

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THE price of gold stormed to a fresh all time high as the safe haven asset was boosted by simmering Middle East tensions. Bullion broke...