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Panaf registers record R300m payout, weighs new gold mine

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PAN African Gold (Panaf) is to pay its largest final dividend yet of R300m, a 42% increase on last year's payout following a strong...

Barrick unveils $1bn buy-back as share “overly weighed” by Mali

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BARRICK Gold on Wednesday renewed a $1bn share buy-back programme believing it had been overly punished by events in Mali where its Loulo-Gounkoto mine...

Hummingbird appoints other mining contractors at the Kouroussa mine as dispute...

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Hummingbird Resources has started using other contractors to run mining operations at the Kouroussa gold mine in Guinea as it continues to negotiate with...

Gold Fields outlines $1.2bn spend to meet ten-year, 30% emissions reduction...

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GOLD Fields has budgeted an outlay of $320m as it seeks to reduce emissions 30% by 2030, according to the publication of its environmental,...

Village keeps to dividend promise

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Village Main Reef will distribute around 75% of its proceeds from First Uranium as a special dividend to shareholders.

Zijin puts itself in frame for Africa business saluting Barrick/Randgold merger

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ZIJIN Mining, a partner with Barrick Gold in the Porgera mine in Papua New Guinea, added itself to growing list of potential business partners...

Pan African to post up to 41% decline in interim share...

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PAN African Resources said it expected to post a decline in interim share earnings of between 31% and 41% following a decline in gold...

Sibanye-Stillwater to impair US mine for R8.79bn

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SIBANYE-Stillwater said in a trading statement on Wednesday that it would write-down its US-based Stillwater palladium/platinum mine by about R8.79bn. The impairment stems from a...

Pan African Resources bucks the trend

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Over the last 12 months the gold index has shrunk about 13%, but Pan African Resources, run by former Harmony Gold manager Jan Nelson, has moved the other way, gaining about 61%.

Caledonia embarks on expansion strategy buying $2.5m option over Gweru gold...

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CALEDONIA Mining, the Toronto-listed gold junior, said it had bought a $2.5m option over a gold exploration prospect situated in Zimbabwe’s Gweru mining district,...