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Great Basin buys out Rusaf minorities

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Great Basin Gold has bought out minority shareholders in Rusaf which owns gold bearing properties in Tanzania and sold its stake in Kryso Resources.

Gold One raises $65m loan

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Gold One International has finally arranged the loan facility needed to cover its potential financial exposure to a $62.5m convertible bond issue which has been weighing down the share price.

Gold eases but safe-haven bid to persist

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Gold eases but safe-haven bid to persist.

Shareholders ditch Central African Gold

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Central African Gold, the gold company with a portfolio of production and exploration assets in Africa, says that three major shareholders have sold their shares in the company.

Simmers appoints new CFO

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Junior gold producer Simmer & Jack Mines has announced the appointment of Marius Saaiman as chief financial officer.

Simmers decides on rights offer soon

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Junior gold producer Simmer & Jack Mines says it will make a decision regarding its funding options within two weeks.

Simmers shares on the rebound

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Simmer and Jack stock recovered from near 12-month lows on Thursday, after its board clarified an alternative financial structure to the proposed R360m rights offer.

NUM to hand demands to Pamodzi liquidators

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Mineworkers affected by the collapse of Aurora Empowerment System's financing plan to hand over a list of demands to the Pamodzi Gold liquidators.

Chinese make a bid for Aurora gold mines

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An unspecified Chinese consortium makes a bid for two liquidated gold mines currently managed by Aurora Empowerment Systems, but secrecy shrouds the offer.

Harmony to scrap Nasdaq listing

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Gold miner Harmony will terminate the listing of its American Depository Receipts on the Nasdaq bourse.