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Sibanye-Stillwater to halve Stillwater output, eyes $600-700m in metal sales

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SIBANYE-Stillwater is to cut production at its US Stillwater palladium/platinum mine 200,000 ounces/year and is nearing additional prepayment deals on gold as well as...

Panaf confirms 976 face chop at Evander as rand crushes margin

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PAN African Resources (Panaf) confirmed up to 976 employees at its Evander Gold Mines would be retrenched after the firm served a Section 189...

‘When it comes to M&A people just shoot in the dark’...

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BARRICK Gold CEO Mark Bristow repeated his usual mantra of "organic growth to maximise shareholder value" on the sidelines of the Mining Indaba conference,...

Sibanye-Stillwater to be more circumspect of M&A following rocketing metal prices

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SIBANYE-Stillwater has taken a circumspect approach to merger and acquisition activity following an increase in battery metal prices, said CEO Neal Froneman. Commenting in the...

Pan African bids R1.5bn for Evander

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Pan African Resources has offered R1.5bn in a combination of debt, cash and shares for Harmony Gold’s Evander Mines after a consortium in which it was involved failed to meet conditions of an earlier offer.

Pan African guides to one fifth gold production lift in 2025

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PAN African Resources has forecast an increase in gold production of up to 21% as the first fruits of its $135m (R2.4bn) Mintails surface...

Hope at Beatrix as Gold Fields issues ultimatum

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Striking workers have started to return to Gold Fields’ Beatrix mine in the Free State, the company says, recording attendance levels in excess of 80% at some shafts.

Bristow’s life-long crusade against the dilutionary and the delusionary

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BARRICK Gold CEO Mark Bristow sounded off long and hard on his favourite theme – organic growth – in yesterday’s presentation of Barrick’s results...

Lifting of Mali sanctions helps relieve gloom in Resolute Mining share...

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SHARES in Resolute Mining gained just over 15% in Sydney after the company announced sanctions had been lifted on Mali where it operates the...

Blyvoor Gold announces plans to list on Nasdaq

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PRIVATELY-owned Aurous is to list South Africa's Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine's acquisition by blank cheque company Rigel Resource...