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Harmony delivers Kusasalethu miners safely

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The gold producer said all 486 miners were returned to surface safely, but the suspension of mining is another blow to the operation.

AngloGold claims ‘intense competition’ for mines

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AngloGold Ashanti said asset sales were progressing citing 'intense competition' from among conventional and non-conventional players seeking access to gold.

Fears over 486 as fire hits Harmony mine

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A fire had trapped some 486 workers underground at Harmony's Kusasalethu mine although 287 were safe in the mine's refuge bays.

Sibanye may build R3bn power plant

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Sibanye Gold said power disruptions owing to Eskom load-shedding had forced it to consider building a R3bn solar-power plant or a coal-fired power station.

DRD shares 6% lower despite green-shoots

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Investors took a dim view of DRDGold skipping the dividend despite the fact it de-leveraged its balance sheet and showed evidence of an operating turnaround.

“We won’t buy any more gold assets”: Froneman

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Neal Froneman, CEO of Sibanye Gold, said cross-boundary asset swaps ought to be replaced by meaningful consolidation creating a South African gold champion.

Gold Fields’ Muller says South Deep ‘dysfunctional’

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Newly appointed VP of South Deep, Nico Muller, delivered a withering appraisal of South Deep's management and engineering track-record.

Acacia targets higher dividend for 2015

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Acacia Mining unveiled a 40% increase in its total dividend for the 2014 financial year and said the payout may be increased this year as a percentage of cash flow.

Sibanye halts Beatrix as NUM, AMCU clash

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In an ominous turn of events, nine employees were injured at Sibanye Gold's Beatrix mine after rival union members clashed.

Pan African’s Holding retires, Loots steps up

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Ron Holding, who is 62, has taken retirement and will be replaced by former Shanduka Resources MD, Cobus Loots.