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“We’re not intimidated”: Froneman tells AMCU ahead of platinum wage talks

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SIBANYE-Stillwater CEO, Neal Froneman, has three words for the Association of Mineworkers & Construction Union (AMCU) ahead of platinum wage talks later this year:...

Resolute lifts gold output for fourth successive quarter but inflation, hedge...

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RESOLUTE Mining increased gold output for the fourth successive quarter in the three months ended June producing 89,134 ounces - a 9% quarter-on-quarter lift...

Acacia secures $45m cash boost as Gordon, Wray bid adieu

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ACACIA Mining shored up its balance sheet further by agreeing to sell a 2% net smelter royalty in the Houndé mine in Burkina Faso...

Gold tests $1,600 but Europe anxiety weighs

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Spot gold is struggling to breach $1,600 an ounce, as investors remain nervous over the progress of the euro zone's efforts to rein in its debt crisis.

AngloGold Ashanti better served by leaving South Africa, say analysts

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ANGLOGOLD Ashanti ought to sell its last remaining mine in South Africa as it would remain high cost and could not compete for capital,...

Gold Fields puts Salares Norte permit delay down to procedure

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GOLD Fields confirmed it had received a request from authorities in Chile for further information regarding an application for an environmental authorisation permit for its...

Barrick Gold heads off AJN Resources bid to buy 10% stake...

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TORONTO-listed junior miner, AJN Resources, called off plans to buy a 10% stake in Kibali, the Democratic Republic of Congo's (DRC's) largest gold mine...

Pan-African lifts dividend, targets 250koz/year

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Pan African Resources posted lower headline earnings but lifted the dividend in a signal it remained confident in its growth aspirations kept at 250,000 ounces/year.

Up to 31 illegal miners thought to have perished in disused...

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UP to 31 suspected illegal miners are thought to have perished at a disused mine at Virginia in South Africa's Free State province, BusinessLive...

Gold Fields says former South32 COO Mike Fraser to be new...

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GOLD Fields announced that former South32 executive Mike Fraser would be its new CEO, effective from January 2024. In order to ensure a seamless takeover,...