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Unisel ops halted after accident

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Operations at Unisel, a mine owned by Harmony Gold, were suspended after a worker was killed in an accident.

Barrick gold production hits 1.1 million oz in first quarter but...

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BARRICK Gold said it produced 1.1 million ounces of gold in the first quarter of its 2021 financial year in line with guidance for...

Harmony Gold seals $1.01bn MAC Copper acquisition

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HARMONY Gold on Friday announced it had concluded the $1.01bn accquisition of MAC Copper, a New York-listed company which operates the 41,000-ton-a-year CSA copper...

Harmony bullish on cash flow after quarter output rises 10%

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THE good news story at Harmony Gold looks set to continue until the year-end at least after the company said September quarter production was...

Gold demand up in 2011 – WGC

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Gold demand struck 14-year highs in 2011, driven by record investment buying in China, which may overtake India this year as the world's top consumer.

1,700 miners launch illegal sit-in at Harmony’s Kusasalethu

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ABOUT 1,700 employees at Harmony Gold's Kusasalethu gold mine west of Johannesburg have embarked on an underground sit-in which the company said was illegal. "The...

Gold surges to high but risk of short-term pull back

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THE gold price surged to its highest level since the Covid pandemic amid growing expectations for US rate cuts early next year. This was...

Harmony says wage proposal is gaining traction

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Harmony Gold CEO Graham Briggs says a proposal originally rejected by unions to improve wages an average 1.5% by changing job grades was gaining acceptance at the company’s operating mines.

AngloGold Ashanti grows Nevada gold hub in $150m deal with Coeur...

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ANGLOGOLD Ashanti is to buy properties in Nevada's Beatty district containing an estimated 914,000 ounces in mineral resources. The Johannesburg-headquartered group announced today it had...

Village pulls plug on Buffelsfontein, finally

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Village Main Reef said it would stop production at the historic North West province mine Buffelsfontein, a move no doubt informed by the $200/oz decline in gold.