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Gold One to announce ‘landmark’ deal

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Gold One International is set to announce a change of ownership as it halted the trading of its securities on both the Johannesburg and Australian stock exchanges.

Sibanye may cut 2,500 jobs at Cooke

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Unconfirmed speculation is that Sibanye Gold will start restructuring efforts at its newly acquired Cooke operation situated west of Johannesburg.

Gold Fields keeping powder dry for higher Gold Road offer?

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GOLD Fields is to raise a bond aimed at repaying a $750m bridge facility used in the acquisition of Osisko Mining, a Canadian firm. In...

Vector buys former AngloGold Mongbwalu prospect in DRC in $10m share...

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SYDNEY-listed gold development firm, Vector Resources, has concluded the purchase for $10m in cash and shares a prospect in the Democratic Republic of Congo...

Wage deal in sight as union urges members to accept Sibanye-Stillwater...

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SOLIDARITY, a trade union, recommended its members employed at Sibanye-Stillwater's gold division accept an improved offer allegedly tabled by the Johannesburg company. It was previously...

Endeavour’s Ity CIL “an inflection point” for cash flow as hits...

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COMMERCIAL production of the $420m Ity CIL project in Côte d'Ivoire had been achieved at full nameplate capacity of 160,000 ounces of gold annually, said...

Endeavour continues share buy-backs, targets higher cash flow

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ENDEAVOUR Mining bought back $22m of its own shares so far this year, and said it would opportunistically repurchase more as it sought to...

Hummingbird back on track, but raises concerns about artisanal workings on...

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HUMMINGBIRD Resources, a UK-listed gold miner, said it was getting back on track following heavy rains last year that led to the collapse of...

Sibanye employees attacked amid illegal strike at Cooke

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FOUR employees of Sibanye Gold were injured, two seriously, following illegal industrial action during the night shift on October 3 at the firm's Cooke...

Tanzania refuses to deal with Acacia Mining, will only work with...

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TANZANIA will no longer allow Acacia Mining to manage its mines and will only work with Barrick Gold which owns 63.9% of the company,...