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AngloGold’s Venkat conjures recovery

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AngloGold Ashanti registered important cash saving advances in the third quarter and higher production capping a positive period in which the share is 30% higher.

Venkat freezes pay, takes no bonus

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Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti, has responded to the furore about executive pay by freezing his own cash bonus.

VMR rejects R400m bid for Tau Lekoa, Buffels

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Village Main Reef confirmed that it had rejected an offer for its Tau Lekoa mine saying the bid far undervalued the cash generating capacity of the operation.

Sibanye declares 10-yr mine demise halted

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Sibanye Gold put in another strong performance at West Rand mines considered ready for controlled demise a year another, but now finding a new lease on life.

VMR recovery arrested by gold cost hangover

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Village Main Reef's Tau Lekoa showed good form with record production and healthy cash generation, but costs from discontinued mines hurt the bottom line.

Asanko Gold bags $150m loan, plots M&A

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Former LionOre and Norilsk executive, Peter Breese, sets about consolidation of West Africa's gold sector with $150m loan for Ghana's Asaase project.

DRDGold to reset growth sights in two years

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DRDGold said it wanted to extract the value of its newly commissioned circuit and then would spend time thinking about how to grow the company more aggressively.

Pan African says Navachab talk is premature

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In possibly the most reluctant and qualified statement of the year, Pan African Resources says there can be no certainty it will bid for AngloGold's Navachab.

DRDGold strike brought to early close

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DRDGold, the gold retreatment company, brought a 600-strong strike to an early conclusion agreeing to pay

DRDGold non-plussed as 600 in pay dispute

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Niel Pretorius, CEO of DRDGold, says he was surprised by eleventh hour wage demands which would have doubled the increase he thought unions would accept.