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Sibanye CEO Neal Froneman turns his hand to coal

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Sibanye CEO Neal Froneman - known in the gold industry as "Mr Fixit" - is becoming "Mr Multi-tasker" as he moves into coal and platinum mining.

Loots commits Pan African to gold focus

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Cobus Loots, CEO of Pan African Resources, said the firm's recent foray into coal was "a specific opportunity", and that it would stay a gold focused company.

AngloGold teams up with Randgold to redevelop Obuasi

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More than a decade after Randgold CEO Mark Bristow fought AngloGold for control it seems the Obuasi mine in Ghana will now be developed on his terms.

SA gold mines “mired in crisis” says JP Morgan

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The beneficial effect of the collapse in the rand against the US dollar is not going to be enough to save South Africa's gold mines this time around.

Gold producers make third attempt to end pay impasse

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South Africa's major gold producers have revised their wage offers once more offering higher entry-level wages in a bid to avert an industry-wide strike.

Harmony to “cure” price deficiency in New York

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Harmony Gold is to consider the merits of a reverse stock split in order to keep its shares trading on the New York Stock Exchange following a 64% value decline.

SA gold sector in danger of self-destruction

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South African gold producers, like their global counterparts, are not moving quickly enough to ensure the survival of the sector, say company executives.

Auramet makes case for hedging gold

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Even in today's gold bear market, the idea of hedging gold is rejected by miners, but shouldn't risk protection have some place?

DRDGold caps off recovery with 10c dividend

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DRDGold completed a highly satisfactory financial year paying shareholders a 10 cents per share dividend and may now consider a share buy-back.

Sibanye would hike debt R9bn to fund future

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Neal Froneman, CEO of Sibanye Gold, said he would take debt to R10bn from the current R1.7bn in a combination of organic and acquisition growth opportunities.