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Egypt awards exploration blocks to Centamin, B2Gold, and Barrick Gold

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EGYPT has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration, said Reuters which cited the country's petroleum...

B2Gold CEO says firm is close to next deal after targeting...

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TORONTO-listed B2Gold is looking for new takeover targets and expects to do a deal fairly soon, said the firm's CEO Clive Johnson "There’s lot of opportunities...

Gold heads for worst quarterly performance in a decade

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GOLD fell below $4,000 per ounce on Tuesday, heading for its worst quarterly performance in over a decade, as expectations of higher US interest...

Christine Ramon who steered AngloGold through its worst times, to take...

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CHRISTINE Ramon, CFO of AngloGold Ashanti, is to take early retirement, the gold producer said in an announcement today. As interim CEO, Ramon anchored AngloGold...

Ghana weighs transfer of Gold Fields’ Tarkwa mine

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GHANA is considering handing control of Gold Fields' Tarkwa mine to local companies when the operation's leases expire in April, said Bloomberg News on...

AMCU agreed to centralised gold wage talks

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The Association of Mineworkers & Construction Union agreed to centralised bargaining in the gold sector this year when it signed recognition agreements.

Retail investors drive silver to record volumes

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RETAIL investor appetite for silver in the US market now rivals popular technology trades as flows reach unprecedented levels, said Reuters citing a report...

DRDGOLD upbeat on interim dividend prospects despite tripling in 2023 capex

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DRDGOLD reported a 19% decline in adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) to R386.4m for the September (first) quarter owing to...

Gold Fields’ Yamana bid hangs in balance after analysts mixed on...

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GOLD Fields' bid to win shareholder approval for the all-share takeover of Yamana Gold hangs in the balance after the group sought to win...

M&A ‘flurry’ in Africa mirrors gold’s new found popularity

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THE improvement in the gold price has precipitated a flurry of merger and acquisition activity in the sector, especially in Africa – a development...