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Gold Fields can put 2024 behind it thanks to buoyant bullion

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GOLD'S historic price gains last year and a strong operational recovery in the fourth quarter gave Gold Fields' 2024 financial year a positive blush. The...

De Beers slashes rough diamond output for 2025

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DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial...

Amplats hit by lower prices, write-down & demerger costs

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ANGLO American Platinum (Amplats) booked R3.5bn in costs partly related to its demerger from Anglo American, which is expected to be completed by mid-year. The...

Derailments knock Kumba despite 15 day maintenance

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RAIL derailments on the Sishen to Saldanha railway contributed towards an 8% decline in fourth quarter iron ore deliveries, said Kumba Iron Ore. Commenting in...

DRDGOLD to post 60-70% leap in interim share earnings

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DRDGOLD said interim share earnings will be 60% to 70% higher year-on-year owing to a much higher rand gold price, up 26%. Interim headline share...

Gold Fields’ Osisko deal looking “significantly cheaper”

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THE improvement in the gold price and weakness in the Canadian dollar has made Gold Fields's $1.2bn purchase of Osisko Mining in October look...

Harmony Gold reports five fatalities at SA mines

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HARMONY Gold on Wednesday said five employees had been killed in two separate incidents at its South African mines. At Doornkop mine west of Johannesburg...

Copper 360 starts development of Rietberg mine

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COPPER 360 on Wednesday said it had started development of its Rietberg underground mine in the Northern Cape with the first on-ore blast taking place...

B2Gold plans to build $129m underground mine in Namibia

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CANADIAN gold miner B2Gold said a preliminary economic assessment of the Antelope deposit near Otjikoto mine in Namibia supported development of an 65,000 ounce...

Barrick making progress in dispute with Mali – report

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BARRICK Gold was "making progress" in its dispute with Mali following recent allegations about unpaid tax, but not as quickly as expected, said Bloomberg...