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Lucara cuts revenue guidance as high value diamond sales fall

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LUCARA Diamond Corp. said on Thursday revenue would be lower for its 2024 financial year than forecast owing to lower sales of high value...

Gold Fields’s vastly improved quarter eases pressure on Fraser

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GOLD Fields turned in a vastly improved production report for its third quarter registerting strong recoveries at all its assets, especially at South Deep...

Bar raised on West Africa’s risk following executive arrests

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RECENT arrests of company executives in Mali had "raised the bar" on jurisictional risk especially as many West African nations were demanding a greater...

Anglo narrows field of metallurgical coal bids to three

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ANGLO American's shortlist of bidders for its Australian metallurgical coal mines has been narrowed to three consisting of Yancoal Australia, Stanmore Resources, and Peabody...

Friedland to list African iron ore firm in Australia

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ROBERT Friedland, the renowned mining entrepreneur, is considering listing its African iron ore company Ivanhoe Atlantic on the Australian Securities Exchange. Citing the original article...

Bushveld CEO offers glimmer of hope for stricken miner

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BUSHVELD Minerals CEO Craig Coltman offered a small glimmer of hope for the stricken miner saying there had been a small "uptick in the...

Paladin shares sink as it cuts uranium output

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PALADIN Energy has cut uranium oxide production guidance after running into ramp-up problems at its Langer Heinrich mine in Namibia. The Sydney-listed firm said on...

Harmony increases proposed Eva Copper output 20%

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HARMONY Gold may produce more metal from Eva Copper than first proposed as it nears the conclusion of a feasibility study into the Australian...

Resolute shares plummet on firm confirms CEO’s detention

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SHARES in Resolute Mining fell nearly 32% by mid-morning on Monday after the company confirmed its CEO had been detained in Mali. Resolute said in...

SA October meeting “nothing to do” with Anglo, says BHP

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MIKE Henry, CEO of BHP said a recent visit to South Africa had "nothing to do" with a possible second bid for control of...