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Acacia defends balance sheet despite $116m cash outflow

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ACACIA Mining's cash balance had fallen about $116m in the last two months amid a stand off with the Tanzanian government which has embargoed...

Asanko kicks back against Muddy Waters’ ‘smear’ allegation

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ASANKO Gold kicked back against a report which said the company's Asanko gold mine in Ghana had flawed geology and that it would require...

Acacia facing mine closures as “irrational” Tanzania maintains ban

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ACACIA Mining may be facing curtailment or closure of up to two thirds of its annual gold production owing to a dispute with the...

Relief as Banro Corp. employes returned safe after hostage crisis

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FOUR employees of Banro Corporation who had been taken hostage whilst working at the firm's Namoya gold mine in the Democratic Republic of Congo...

Acacia baffled by astonishing discrepancies in Tanzania export study

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ACACIA Mining has raised major questions about the integrity of Tanzania's First Presidential Committee finding regarding its alleged under-declaration of minerals held at the...

Acacia insists it declares minerals as Tanzania affirms export ban

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ACACIA Mining insisted it declared the value of all its exported minerals despite a report presented to Tanzania's president John Magufuli today which found...

Asanko to fast-track Akwasiso, plans mine update in June

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ASANKO Gold is to start mining the Akwasiso deposit at its Asanko gold mine in Ghana following government approval - a development management believed...

Gold Fields establishes 10% foothold in Gold Road for $48m

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GOLD Fields has increased its stake in Gold Road Resources to 10% after buying 74.8 million shares in the gold development firm for 86...

Endeavour paves way for Ity project after lifting stake to 80%

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ENDEAVOUR Mining is to pay $52m in order to lift its stake in the 76,000 ounce per year Ity mine to 80% from its...

Harmony out-performs. But what happens when its hedges expire?

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THE March quarter is traditionally a difficult three months for South Africa's gold companies to manage because it takes time to return to full...