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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.

Former AngloGold Ashanti chairman quit role amid sexual harassment investigation

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SIPHO Pityana, a former director of AngloGold Ashanti, resigned as the firm's chairman in December 2020 following an investigation into a complaint of sexual...

Endeavour settles sale dispute on Burkina Faso mines

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ENDEAVOUR Mining said on Tuesday it had ended legal proceedings with Lilium Gold, a Burkina Faso company with which it had agreed in 2023...

Wits Gold is an “opportunity” for Sibanye

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Wits Gold could provide an opportunity for Sibanye Gold, the firm created after Gold Fields unbundled its mature South African mines.

Asanko swings into Q2 profit, promises cash generation ahead of mineral...

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ASANKO Gold, the Toronto-listed company in joint venture with Gold Fields, swung into profit in the second quarter and said it was positioned for...

Convoy headed to Allied Gold mine in Mali attacked at weekend

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A CONVOY transporting heavy mining equipment to Allied Gold's Sadiola mine in Mali from Bamako, the West African country's capital, came under attack over...

Endeavour not on Tinder after Centamin merger failure, preferring to “raise...

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ENDEAVOUR Mining would focus on reducing debt rather than chasing additional merger and acquisition opportunities after acknowledging that its bid for Centamin had gone...

Namibia approves Gold One deal

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A deal to secure a major Chinese shareholder was a step closer for Gold One today after Namibia gave the thumbs up to proposed transaction.

Caledonia unveils Zimbabwe gold expansion with $53.3m all-share Bilboes Gold offer

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CALEDONIA Mining Corporation today announced a major development in its growth strategy in which it will issue $53.3m worth of shares - about 28.5%...

Chris Griffith expects South Deep mine will make “a lot of...

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GOLD Fields CEO, Chris Griffith said the firm's South African mine South Deep would "make some good money" especially as it increased volumes and...