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Gold to surge through $2,000/oz as US rates outlook provides lift

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GOLD is tipped to surge through $2,000 per ounce as macroeconomic headwinds that kept the metal in check last year are expected to ease. The...

Eskom paid R9.7bn in take-or-pay coal penalties to Exxaro – with...

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ESKOM paid R9.7bn in penalties in terms of a take-or-pay agreement with Exxaro Resources, according to Bloomberg News which cited a presentation by the...

Glencore tipped to attract investors as cash from copper replaces thermal...

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GLENCORE'S coal production and copper expansion potential has marked it out as the best diversified mining firm for investors this year. "The coal cushion is...

Southern Palladium to accelerate mining licence application for UG2 project

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SOUTHERN Palladium said it would submit an application for a mining licence for its Bengwenyama prospect sooner following completion of a scoping study which...

Endeavour Mining unveils $100m dividend taking total capital returns to $299m

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ENDEAVOUR Mining produced 1.4 million ounces of gold in the 12 months ended December 31 at all-in sustaining costs (AISC) of $928 per oz. The...

Eskom seeking R5.9bn tax rebate in desperate bid to replenish diesel...

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SOUTH African finance minister Enoch Godongwana has declined to intervene in a tax dispute involving Eskom and the South African Revenue Service in which...

B2Gold flags lift in 2023 costs as pushes on with Fekola...

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B2GOLD forecast an increase in costs at its Fekola mine in Mali in 2023 owing to an increase in capital expenditure. The mine would incur total...

South32 reports $100m capital build as port congestion delays SA aluminium...

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INVENTORY and working capital build was in evidence at South32's South African operations owing to logistical problems at the country's ports operated by state-owned...

De Ruyter says corruption in Eskom “unbelieveable” as he recounts cyanide...

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ANDRÉ de Ruyter, the outgoing CEO of Eskom, said South Africa's security services were "missing in action" after he reported suspected corruption within the...

SA coal exporters warn of KZN protests as campaign blames them...

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SOUTH African coal producers raised concerns today that protests could disrupt exports following a social media campaign blaming them for Eskom's loadshedding. The Minerals Council...