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Anglo’s ‘balance’ argument on returns informed by project pipeline

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INVESTORS were a little sniffy about Anglo American's reticence to go over and above its stated dividend policy of paying out 40% of earnings. The frustration...

Slippage in Gruyere takes project cost to A$621m for Gold Fields

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GOLD Fields today reported a 10% slippage in the capital cost estimate for its Gruyere gold mine, held in joint venture with Gold Road...

Lonmin tackles Q3 sans mishap as Sibanye-Stillwater merger looms

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LONMIN negotiated the third quarter sans major production mishap, especially at its smelting facilities which it said were "running normally". As a result, Lonmin expected...

West Wits asks for chance as Florida, Soweto oppose mining

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ALL West Wits really wants is "a fair go" at mining responsibly, chairman Michael Quinert said on Thursday. He was addressing a media briefing to...

SA would compete for $1bn in Anglo investment if Mining Charter...

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SOUTH Africa would be in the mix for $1bn worth in new capital allocated annually by Anglo American were the country's Mining Charter conducive to...

Harmony Gold backs Hidden Valley to rack up 180,000 oz in...

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HARMONY Gold expressed confidence it would produce more than 180,000 ounces of gold from its Papua New Guinea mine, Hidden Valley, in the 2019...

Royal Bafokeng Platinum expects lower interim losses

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Royal Bafokeng Platinum (RB Plat) expects to report a loss of between 10,5c a share and 13.5c a share for the six months to...

MC Mining to remove contractor and do own mining at Uitkomst

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MC Mining - MCM - (formerly Coal of Africa) is to take over the mining operations at its Uitkomst Colliery in northern Kwa-Zulu Natal...

Cutifani declares Anglo will be “impervious to shocks” as trade war...

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ANGLO American CEO, Mark Cutifani, declared his company had been fashioned to handle "anything the market can throw at us", adding that while he...

“Ball in unions’ court” after SA gold industry wage offer rejected

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SOUTH African gold producers said the "ball was back in the unions' court" after a three-year wage increase offer ranging between 5.5% and 6.5%...