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Perseus says Sudan gold project “not lost to company”

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PERSEUS Mining, the Australian listed gold miner, said it expected to eventually develop a mine in Sudan despite conflict in the North African nation. Bloomberg...

Glencore may consider switching UK listing for US

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GLENCORE may consider switching its primary listing from London to New York, said Bloomberg News citing a report by analysts at Deutsche Bank. If...

Paladin takes gains to 42% this year as mine reaches commercial...

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COMMERCIAL production started at Paladin Energy's Langer Heinrich uranium mine in Namibia on March 30, the company announced on Tuesday. Paladin said its focus will...

Thermal coal will make investors money for years to come

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THE dirty commodity might be unpopular with some, but thermal coal is proving to be good business. Demand for the fuel was stoked to...

Gold Fields warns of heavy hits to production in first quarter

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GOLD Fields warned first quarter production would be lower than forecast owing to weather related disruptions at its Australian and South American mines while...

How SA plans to profit from sky-high gold prices

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On February 28 Harmony Gold approved the R7.9bn deepening of its Mponeng mine, in Carletonville, west of Joburg. Once the capital work is complete in...

Hummingbird to miss first quarter production target at Kouroussa

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SHARES in Hummingbird Resources hit their lowest ever level after the UK-listed company announced it had delayed commercial production from Kouroussa, a gold mine...

Cockerill pledges continuity sans controversy at Endeavour

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ENDEAVOUR Mining CEO Ian Cockerill promised strategic continuity without the controversy, saying at the gold miner's 2023 results presentation on Wednesday that he intended...

DRDGOLD to weigh tailings JV with Copper 360

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DRDGOLD is to run the rule over copper tailings resources in South Africa's Northern Cape  in a development that finally signals its intention to...

Mantashe says SA to burn coal “for a long time”

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SOUTH African mines and energy minister Gwede Mantashe says the country will continue to burn substantial amounts of coal "for a long time". "This belief...