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NUM strike is drawing to close, say reports

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Reports continue to suggest the NUM is calling an end to a gold industry strike after a pay offer of about 8% is being discussed.

Randgold CEO Mark Bristow earmarked Tanzania for new investment

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RANDGOLD Resources CEO, Mark Bristow, described himself as "an interested by-stander" in Acacia Mining's dispute with the Tanzanian government, but added that as an...

Three more Miranda board members resign

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Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.

Anglo CEO not planning strategy shifts as focus falls on defining...

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ANGLO American CEO, Duncan Wanblad, did not see himself making bold strategic changes to the group's plans which include construction of a large soil...

Randgold mines open after Mali shuts offices amid tax dispute

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RANDGOLD Resources said its three gold mines in Mali continued to operate despite the west African government having closed down the firm's local offices...

Northam launches R1bn balance sheet overhaul

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Northam Platinum is to tap shareholders R600m as part of a R1bn financing of the firm's balance sheet following a year of misfortune.

Harmony pays dividend but CEO collects flak for Hidden Valley

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HARMONY Gold is to pay a 50 South African cents per share dividend after another robust set of results in which it whittled net...

Downgrades for miners as tailspin set to persist

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Earnings downgrades of major mining companies is inevitable as there's no evidence yet of the sector pulling out of its tailspin.

MMG confident Anglo nickel deal will pass muster

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CHINESE-owned MMG is confident it will secure European regulatory approval for its $500m acquisition of Anglo American's nickel assets, according to a report in...

RBPlat to report huge lift in basic interim earnings as PGM...

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ROYAL Bafokeng Platinum (RBPlat) will report interim basic earnings as much as 450% higher year on year owing to improved prices for platinum group...