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SA miners estimate cost of resuming normal operations, saying it could...

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IT could take some of South Africa's labour-intensive mines weeks to get back to full production once a government-ordered lockdown ends. "Its going to take...

Small cap mining companies may not emerge from COVID-19 lockdown, says...

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SMALL- to medium-sized mining companies without the benefits of diverse income would be most heavily affected by the 21-day lockdown imposed by the South...

B2Gold bullish on 2020 but draws $250m, may review discretionary capital...

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B2GOLD was on track to meet production guidance of one million to 1.05 million oz of gold for its 2020 financial year, but said...

Gold ETFs surge $23bn to highest quarterly increase on back of...

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PURCHASES of gold-backed exchange traded funds (ETFs) surged $23bn in the first quarter - the highest quarterly increase in absolute dollar terms - and...

Zambia says Glencore unjustified and illegal in planned shuttering of Mopani...

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ZAMBIA has kicked back against plans by Glencore to put its Mopani Copper Mines on care and maintenance. The Financial Times said in a report...

Sasol coal mines to operate at planned run-rates despite one quarter...

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SASOL said its coal mines would operate at budgeted run-rates despite a decision to cut production a quarter at its Secunda Synfuels Operation (SSO). The COVID-19...

Barrick, Perseus donate cash to Africa host nations in bid to...

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GOLD producers operating in Africa have provided funds to their host nations as the continent battles the COVID-19 pandemic. As of April 7, there had...

Glencore’s Mopani Copper idled as COVID-19 delivers decisive blow to 2020...

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MOPANI Copper Mines in Zambia has placed its mines on care and maintenance citing the effects of the deadly COVID-19 pandemic, among other business pressures. The...

Gemfields suspends share buy-back as prepares for life without revenue until...

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GEMFIELDS, the UK-listed coloured gemstones and marketing firm, has suspended its share buy-back programme. The company said today it was necessary to conserve cash whilst it...

AMCU opposed to relaxation of lockdown measures arguing worker safety paramount

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THE Association of Mineworkers & Construction Union (AMCU) was opposed to an early resumption of mining saying that concern about the economic status of...