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Dunne says Northam proves doubters wrong ahead of possible bidding war...

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PAUL Dunne, CEO of Northam Platinum said his company had proved the doubters who said it didn't have the financial firepower to make a...

Uranium market moving into net demand growth as European winter closes...

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THE uranium market is finally beginning to blossom. Although this should be no great surprise - it's been coming for years - it has...

Petra Diamonds shuts Tanzanian mine for three months following tailings dam...

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PETRA Diamonds said its Williamson mine in Tanzania would be shut for up to three months while it constructed a new tailings storage facility...

Endeavour Mining expects to repay convertible loan from $833m cash pile

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ENDEAVOUR Mining expected to repay a $330m convertible loan, due in the first quarter of next year, from its $833m cash pile accumulated as...

Northam Platinum dangles prospect of Styldrift expansion if RBPlat bid succeeds

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NORTHAM Platinum Holdings has dangled the incentive of developing Royal Bafokeng Platinum's (RBPlat's) mineral resources quicker than current management envisaged if shareholders accept its...

Resolute moves to slash debt through A$140m share deal with institutions

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RESOLUTE Mining aims to raise as much as A$200m ($128m) in an equity raise which it will use to reduce debt and part finance...

Sandfire appoints South32 executive Brendan Harris as new CEO

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SANDFIRE Resources said it had appointed Brendan Harris as the company's MD and CEO following the resignation of founding CEO, Karl Simich. Harris is currently...

Growth in Zimbabwe mining sector forecast to slow in 2023

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GROWTH in Zimbabwe's mining sector was forecast to slow in 2023 owing to rising costs and chronic electricity shortages, said Reuters. Citing a report by...

BHP apologises for sexual harassment, racism and bullying at mine sites

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BHP has apologised for sexual harassment, racism and bullying at mine sites and pledged more to tackle the problem, reported Bloomberg News. "We are determined...

Gold Fields to weigh distributing $300m Yamana break-fee to shareholders among...

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GOLD Fields would consider distributing a $300m (R5.3bn) break fee from its failed takeover of Yamana Gold to shareholders as one of several options...