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Sibanye-Stillwater throws lifeline to Free State gold mine

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SIBANYE-Stillwater has decided to continue with mining operations at its Beatrix 1 shaft in South Africa's Free State province on condition it reports no...

Endeavour pours first gold at ‘sector-leading’ Lafigué

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LONDON- and Toronto-listed gold producer Endeavour Mining has held the first gold pour at its new Lafigué mine in Côte d’Ivoire on budget and...

Hummingbird sets new date for commercial output at Kouroussa

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HUMMINGBIRD Resources said it expected to reach commercial production at its Kouroussa mine in Guinea in the third quarter – nearly a year after...

Barrick has been too reticent on M&A, says chairman

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JOHN Thornton listed a reticence in mergers and acquisitions as a number one mistake since becoming a director of Barrick Gold in 2012. "Barrick has...

Harmony Gold to beat revised guidance after stellar year

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HARMONY Gold said today it expected to exceed 1.55 million ounces in gold output for the 12 months ended June 30, beating guidance it...

B2Gold to run economic review of Otjikoto’s Antelope extension

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CANADIAN gold miner said it had discovered gold about three kilometres from its Otjikoto mine in Namibia that it could dig in 2026. An estimated...

Gold Fields cuts gold target as winter chill cripples Salares Norte

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G old Fields has cut its production forecast for 2024, and increased cost estimates, after prolonged bad weather at Salares Norte mine in the...

Is AngloGold’s Calderon winning the war on sub-par ratings?

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A FEATURE of gold’s record-breaking price performance in the past 12 months has been the relatively lacklustre response of the metal’s most prominent miners. The...

Gold pauses as China’s central bank baulks at record prices

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THE recent slump in the gold price – down about 2.8% in the last 30 days – may be due to a hiatus in...

Sibanye-Stillwater eases pressure with new debt covenants

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SIBANYE-Stillwater has won some breathing space for its under pressure balance sheet after agreeing with lenders to raise thresholds over R6.5bn in company debt. The...