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Gold bugs be of good cheer

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Gold guru Martin Murenbeeld's Christmas message to investors is positive and he thinks he's being unduly conservative in his outlook.

Gold Fields claws its way back

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Gold shares listed on the JSE are at long last showing signs of recovery with the two best performers being Sibanye Gold and Gold Fields.

Harmony overhauls Golpu project

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Harmony intends developing the Golpu mine in Papua New Guinea as a smaller, higher-grade operation which will deliver higher profit margins.

Harmony to douse Kusasalethu cash burn

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Harmony Gold is to cut production its cash haemorraghing west Rand mine, Kusasalethu as restructuring intensifies in the South African gold industry.

Acacia talks up growth as opens new chapter

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Brad Gordon, CEO of Acacia Mining, said the company was seeking M&A while assets were cheaper than ever before.

Gold Fields says AngloGold mine is interesting

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Gold Fields identified AngloGold Ashanti's Ghana mine Iduapriem as an example of an asset in which it might have an interest in acquiring.

CRG attracts $148m rival bid from Chinese

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In one of the most unusual bidding wars in Johannesburg's gold sector for years, two Hong Kong firms will bid up to $150m for troubled miner Central Rand Gold.

Gold Fields in R688m tax dispute with SARS

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A creditable operating performance in the third quarter by Gold Fields was drowned out as another legal tussle is added to the group's corporate struggles.

AngloGold demerger may be revisited

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AngloGold may have set the ball rolling on cost-cutting in South Africa, but further out, mine closures and even more profound restructuring may be required.

Sibanye restructure held up by commission

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Sibanye Gold will first have to prove to the Competition Commission that it is not in contravention of a two-year moratorium on job losses owing to the merger with Cooke assets.