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Treating acid mine drainage will cost R8 billion

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It will cost R8 billion to treat acid mine drainage over the long term and around R45 billion to cover the costs of closing down derelict and ownerless mines.

Gold Fields on a recovery track

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Gold Fields returned to profitability in the June quarter and is fortunate that its foreign operations can compensate for more lost production at South Deep.

Harmony on track despite losing top executives

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Harmony's key strategy is to get the value of the Golpu project reflected in the share price according to departing CEO Graham Briggs

Harmony seriously at risk to a long strike

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Harmony CEO Graham Briggs says his group is seriously at risk from a long strike given its financial situation and dependence on South African operations.

AngloGold hangs tough on wage negotiations

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AngloGold CEO Srinivasan Venkatakrishnan has made it clear his group is in a strong position if it comes to a strike because of its foreign operations.

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.