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Froneman vows to take ‘harder line’ on strikes

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Neal Froneman, CEO of Sibanye Gold, said the SA gold sector was aligned on rejecting 'unrealistic' wage demands and that it would take a harder line than the platinum industry.

Acacia shares slump as two of its three mines threatened financially

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Steps taken by the Tanzanian government to block the export of metallic mineral concentrates have hit gold miner Acacia Mining hard and put a...

High flying AngloGold redeems $471m in 2020 bonds

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HIGH flying after a 22% recovery in the dollar gold price this year, AngloGold Ashanti has cancelled $471m in debt through the early redemption...

DRDGold boss cautions investors as stock hits 23 year high

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FORMER DRDGold CEO Mark Wellesley-Wood once famously dubbed the company the ‘Roodepoort Rocket’ because of the way in which the share price took off...

RBCT hoping for big Q4 response after storm forced closure

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RICHARDS Bay Coal Terminal (RBCT) will be hoping it can repeat its fourth quarter performance of last year when it shipped just over eight...

Sasol forced to cut synfuel production because of major coal supply...

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Sasol has been forced to cut back forecast synfuel production volumes from its Secunda plant for the year to end-June 2022 by around 8%...

NUM fights De Beers’ plan to sack 350 miners

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The National Union of Mineworkers has warned De Beers that it will fight plans to retrench more than 350 workers at its Finsch mine in the Northern Cape.

Gemfields looking for fillip from Mozambique gold prospect

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GEMFIELDS might seek a partner to help it develop its Nairoto gold prospect in Mozambique if drilling results support further investment. Commenting during the ruby...

RBCT wary of 19mtpa expansion plan

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Richards Bay Coal Terminal said the expansion of its facilities which saw it cross swords with Transnet two years was unlikely to see light of day in the short-term.

Pan African storms back but investors sit on sidelines

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PAN African Resources CEO Cobus Loots rowed back on comments the company could produce more gold than forecast saying on Wednesday current guidance of...