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Miners throw Rand Refinery R1.2bn lifeline

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AngloGold Ashanti leads South Africa's gold miners in supplying a convertible loan after Rand Refinery loses track of some 84,000 ounces of gold.

DRDGold steadies ship, but bids CFO adieu

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DRDGold expected to report a 13% lift in June quarter gold production, but in a sign of continued flux said its newly appointed CFO had resigned.

Gold Fields hit with Native Title reverse

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The Federal Court of Australia has judged that the correct procedure was not followed in the 2004 re-grant of mineral tenements to the St. Ives mine.

AMCU loses gold sector strike appeal

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The Labour Court rejected an appeal by the Association of Mineworkers & Construction Union to launch a strike in the gold sector.

Gold Fields takes $26m stake in Hummingbird

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Ian Cockerill, chairman of Hummingbird Resources, is to take Gold Fields on as a 26% shareholder following a deal to buy the gold major's Yanfolila gold project.

Froneman vows to take ‘harder line’ on strikes

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Neal Froneman, CEO of Sibanye Gold, said the SA gold sector was aligned on rejecting 'unrealistic' wage demands and that it would take a harder line than the platinum industry.

Gold Fields to shut 70% of South Deep

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Gold Fields suffered more production troubles at its South Deep gold mining project saying a safety review would lead to a four month shut-down of most of the mine.

Gold industry’s high rollers embrace thrift

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True to their word, the world's gold producers have replaced thrift with expansion which raises the question as to where the next greenfield projects will come from.

AngloGold lauded as cost cutting bears fruit

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The group's Obuasi gold mine will be restructured as part of a cost drive that had borne fruit for CEO, Srinivasan Venkatakrishnan.

Caledonia to extend Blanket to 750m depth

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Zimbabwean gold producer Caledonia Mining Corporation will dig for gold at a depth of 750 metres as part of the operation's expansion strategy.