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Gold forecast to continue upward drive in 2025

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GOLD is expected to average $2,795 per ounce this year continuing the gains of last year, said the Financial Times. Purchases of the metal will...

Kinross overhauls Tasiast royalty agreement with Mauritania as sides end two-year...

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KINROSS Gold is to overhaul Tasiast mine’s royalty agreement with the Mauritania government that could see the Canadian firm double the royalty were the...

Order resumes at Golden Star’s Prestea mine in Ghana after local...

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ORDER had been resumed at Golden Star Resources' Prestea mine in Ghana following "a security incident" this week, the company said. "I can confirm that...

CCMA leaves door open for unions to postpone Sibanye-Stillwater strike

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WAGE negotiations between unions and Sibanye-Stillwater could be extended to December 21 after the Commission for Conciliation, Mediation and Arbitration (CCMA) granted an extension. Currently,...

Fleming to reinvest funds in Sibanye Gold

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Adam Fleming, chairman of Wits Gold, said Sibanye Gold's Neal Froneman had the "energy and power" to bring about the "ultimate consolidation" of the SA gold industry.

Randgold in R310m gold shares payout

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Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.

Safety audits underpin dysfunctional DMR, industry relationship

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ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, came up with an interesting illustration of how the increasing number of safety audits conducted on South Africa’s mines...

Accept it’s hard to mine here, or move on – DRDGold’s...

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DRDGOLD CEO, Niël Pretorius, has urged South African mining companies to either accept the unique challenges of operating in South Africa, or sell up...

AngloGold shoulders broad enough to support SA mine cuts

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THE pros and cons of AngloGold Ashanti spinning off its South African assets was given a repeat airing several months ago in a report...

Gold holds near $4,000 after China tax change

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GOLD held around $4,000 an ounce after a weak start on Monday, as China ended a long-standing tax rebate for some retailers, said Bloomberg...