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Manara closing in on stake in Barrick’s $9bn Reko Diq

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SAUDI Arabia's Manara Minerals is closing on a deal to buy up to 20% in Reko Diq, a $9bn gold project in Pakistan. The...

AngloGold says historic valuation gap finally closed

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ANGLOGOLD Ashanti CEO Alberto Calderon said on Friday a long-standing discount between his firm's valuation and North American peers had finally been removed and...

B2Gold to lift stake in Gramalote to 50%, take management control...

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B2GOLD would lift its stake in Colombia's Gramalote gold prospect to 50% and take project management of the exploration programme by the end of...

China Gold in bid for $2.5bn African Barrick

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Barrick Gold Corporation confirmed it was in talks to sell its 73.9% stake in African offshoot African Barrick Gold with China National Gold Group.

Holland defends Gold Fields’ multi-billion rand project pipeline

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A FEATURE of Gold Fields’ year-end results presentation last month was the degree of development risk the group is taking on in an effort...

Gold bull Paulson sells third of bullion holdings

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Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.

Record gold is putting bang in the ‘Roodepoort Rocket’

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SHARES such as DRDGold — once known as the "Roodepoort Rocket" — are proof that traditional sell signals have weakened in precious metals. The...

B2Gold’s Otjikoto in 1,000 oz gold initiative aimed at supporting black...

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B2GOLD has donated one thousand ounces of gold currently worth about $1.9m from its Otjikoto mine in Namibia in support of efforts to conserve...

Sibanye-Stillwater concludes $155.9m Reldan recycling deal

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SIBANYE-Stillwater said on Monday it had concluded the $155.9m acquisition of Reldan, a US platinum group metal (PGM) recycling business. "The addition of Reldan, at...

De Montessus says Endeavour to close value gap en route to...

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ENDEAVOUR Mining would close the valuation gap between itself and its peer group by September, said CEO Sébastien de Montessus who likened the firm's...