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AngloGold ready for further gold price drops

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Gold could fall below $1,000/oz but the weakness would be short-lived according to AngloGold CEO Srinivasan Venkatakrishnan

Gold industry in real distress, says Bristow

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The gold industry was "in real distress" which made growth by acquisition more interesting, said Mark Bristow, CEO of Randgold Resources.

Platinum sellers “more realistic”, says Froneman

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Sibanye Gold CEO, Neal Froneman, said his firm had found sellers of platinum assets more conducive to doing a deal.

Harmony Gold to lose COO, Alwyn Pretorius

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The resignation of Alwyn Pretorius comes only weeks after Graham Briggs, CEO of Harmony, said he intended to retire - and raises questions about the firm's future.

Traders find way to kick gold while it’s down

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Data last week from China showed gold holdings had risen but there was cause in this to trade negatively on the yellow metal.

Sibanye targets month-end for Amplats outcome

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Neal Froneman, CEO of Sibanye Gold, said the company was "committed to doing something with Amplats" but he was unsure what the outcome would be.

More cash as SA gold firms make “final offer”

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South African gold producers promise to pay R12,500 and R13,200 per month for entry-level workers in three years as a key concession in its "final offer".

Acacia sticks to 5-year plan despite lower gold

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Acacia Mining, which posted a 63% fall in interim profit, said a five-year plan to generate free cash flow would not be changed even if the gold price sank lower.

Allan Gray nips in as Harmony’s top shareholder

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Cape Town asset manager Allan Gray has become Harmony Gold's largest shareholder amid speculation the gold miner is a sitting duck for a takeover.

SA gold sector heading inexorably for a strike

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The $100 per ounce slide in the gold price made it more urgent to strike a wage deal but analysts said a strike of one stripe or another appeared to be inevitable.