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Mali reopens Barrick office under court administrator

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MALIAN tax officials have reopened Barrick Mining's office in the capital under a court-appointed administrator, after it was shuttered in April over alleged non-payment...

SA secures $1.5bn World Bank infrastructure loan

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SOUTH Africa has signed a $1.5bn loan agreement with the World Bank, aiming to overhaul its transport and energy infrastructure and reignite economic growth,...

SA platinum titan Barry Davison passes away, aged 80

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FORMER Anglo American Platinum chairman and CEO Barry Davison has passed away, industry sources said on Monday. He was 80. In addition to chairing Anglo...

Gold windfall to put Harmony growth plans in the shade

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HARMONY Gold said on Monday it would publish details of a feasibility study into Eva Copper on August 28 when it announces what are...

Record gold prices fuel Sudan’s deadly civil war

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RECORD-high gold prices are driving a mining surge in Sudan, providing crucial revenue for the country's warring factions to finance their brutal conflict, said...

Gemfields shares rise as ruby expansion offsets gloom

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GEMFIELDS will commission a second processing plant at its ruby mine Montepuez in Mozambique in September, the company said on Friday. Shares in the company...

Kumba CFO to step down in December

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KUMBA Iron Ore said its CFO of eight years Bothwell Mazarura is to step down from end-December after serving a six month notice period. He...

Kenmare takeover talks end after consortium lowered offer

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TAKEOVER discussions between Kenmare Resources and a consortium that included its former managing director ended in failure, the parties said on Thursday. "Following a comprehensive...

Mkhwanazi to leave Anglo as group streamlines executive

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ANGLO American said its regional director for Australia and Africa, Themba Mkhwanazi would leave the company following the disposal of group assets in the...

Asante Gold unveils $470m balance sheet refresh

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GHANA miner Asante Gold said on Wednesday it had concluded terms for a recapitalisation of its balance sheet in which it will raise $470m. The...