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Ben’s bet only delayed inevitable Sibanye-Stillwater bid for Lonmin

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IT looks as if Lonmin CEO, Ben Magara, saw the writing on the wall roughly three-quarters through 2017. Faced with the prospect that the...

Harebottle wants Kropz to become the ‘Glencore of phosphates’

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"I DON’T hold any grudges. You’ve just got to shake hands and move on." So said Ian Harebottle who is serving the last weeks...

Gold Fields impairs South Deep R3.5bn as fails to meet redesign

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A BELOW forecast gold price and a slower ramp up of production at South Deep negatively affected Gold Fields' profits for its 2017 financial...

Base Resources targets mid-tier mineral sands status

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TIM Carstens, MD of Base Resources, said the company wouldn't just "bury its head in Toliara", its newly acquired ilmenite-rich Madagascar project, as it...

Suffering miners near journey’s end as R9bn payout beckons

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SIX years after first bringing a class action against gold mining companies, former miners suffering from occupational lung diseases, such as silicosis and tuberculosis,...

Rand strength may slow Sibanye-Stillwater debt reduction effort

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SIBANYE-Stillwater expected that an improvement in the value of the rand against the dollar would "delay deleveraging a bit", but it would keep to...

Former Rio boss Albanese calls on accusers to weigh his reputation

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FORMER Rio Tinto CEO, Tom Albanese, defended himself against allegations of fraud brought by the US Securities & Exchange Commission (SEC), saying that he...

Friedland anticipates DRC’s ‘blue moon’ moment will end well

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MINING entrepreneur, Robert Friedland, assured investors there would be a positive outcome concerning the new mining code in the Democratic Republic of Congo (DRC)...

Bristow describes Randgold sell-off as ‘pathetic’ and ‘panicky’

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RANDGOLD Resources CEO, Mark Bristow, does not mince his words and his reaction to the 7.5% drop in the Randgold share price on Monday,...

Millennials being lied to by synthetic diamond manufacturers

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IT appears the under-35 cohort are behind the demand for synthetic diamonds, drawn not only to the disruptive appeal of the tech-produced stones, but...