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Gemfields takes tentative first step back into emerald market with first...

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GEMFIELDS has returned tentatively to the gemstone market completing the first of five proposed small scale auctions of emeralds on November 6. Adrian Banks, MD of...

Trajectory of ‘progressive’ Charter changes will keep foreign investors wary of...

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DESPITE the increasingly strident efforts of Minister Mantashe and his officials to have us believe "regulatory certainty" is ubiquitous, the mining regulation landscape in South...

Harmony Gold opens 2021 accounts with near tripling in free cash...

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HARMONY Gold nearly tripled operating free cash flow in the first quarter of its 2021 financial year owing to a recovery in gold output...

Bushveld adjusts $35m loan note structure, limits downside risk as PE...

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BUSHVELD Minerals has raised $35m in convertible loan notes after private equity firm, Orion Mine Finance, subscribed for the entire amount. The agreement represents a...

Weak diamond market claims scalp as Debswana Mining prepares to shut...

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WEAKNESS in the diamond market this year has led to the proposed closure of Botswana's Damtshaa, a mine owned by Debswana Mining Company, said...

Amplats “driving without a spare” following closure of refining capacity for...

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ANGLO American Platinum’s (Amplats’) decision to pre-emptively shut its only operating refining unit in Rustenburg would leave the company "driving without a spare" well...

As 2020 draws to a tumultuous end, it’s clear mining side-stepped...

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GLENCORE CEO, Ivan Glasenberg, made some telling comments recently on a possible work life for himself once he leaves the Swiss miner and minerals...

Pan African sets out R50m option over mothballed Mintails prospects, west...

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PAN African Resources is to buy Mintails, a surface gold resource, if a six-month due diligence study stacks up, the company said today. If it...

Lucapa Diamond raises $10m in share issue to propel $8.5m Mothae...

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LUCAPA Diamond Company raised $10m through a share issue with the proceeds primarily to be directed to the $8.5m expansion of its Mothae mine...

West African Resources repays $25m loan early, targets deleveraging in 2021

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AUSTRALIAN-listed gold miner, West African Resources, said it had paid a $25m loan early to investor Taurus Funds Management reducing its overall debt facility...