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AMCU raises stakes in secondary strike at Sibanye-Stillwater’s platinum operations

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THE relationship between Sibanye-Stillwater and the Association of Mineworkers & Construction Union (AMCU) took a decisive turn for the worse today after the union...

Centamin capital review may weigh up flexibility for share buy-back

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CENTAMIN was undertaking a review of its capital structure in which it would weigh its approach to debt funding, and possibly whether it had...

AngloGold targets 30-40% cut in cash costs in bid to secure...

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ANGLOGOLD Ashanti aims to slash cash costs which are currently 30% to 40% too high, said Alberto Calderon, CEO of the Johannesburg headquartered gold...

Pan African to hit production target despite Barberton issues

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London and JSE-listed gold miner Pan African Resources says it will hit  production guidance of 185,000oz for its financial year to end-June despite community...

Pan African raises confidence in higher end of 2024 gold target

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PAN African Resources increased forecast production for its 2024 financial year to between 180,000 to 190,000 ounces following a strong showing in the first...

Perseus raises prospect of special dividend after cash flourishes

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PERSEUS Mining increased cash and bullion to $594m at the close of the September quarter which CEO Jeff Quartermaine said boosted the firm's chances...

Sibanye whacked by 14% lower rand gold price in March Q

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A DECLINE in the rand gold price and lower gold production dented Sibanye Gold's net operating profit for the March quarter, although its fortunes...

AngloGold cuts dividend in $482m savings drive

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AngloGold Ashanti said it would cut the second quarter dividend as it slashed corporate, exploration and capital costs amid a 25% gold price dive.

AngloGold declares record payout, unveils major gold prospect

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ANGLOGOLD Ashanti smashed records on several fronts on Friday, announcing a $1.8bn total payout and unveiling details of a project study its CEO described...

AngloGold hedge unwind reflects optimism

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AngloGold Ashanti believes the decision to unwind the bulk of its gold hedgebook reflects the company's confidence in the likely direction of the gold price.