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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...

Govt, industry “failed magnificently” to promote mining’s social benefit

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IT was about time the extended talkshop about improving the relationship between government, mining companies, and communities was replaced with action and a new, creative...

Zimbabwe steadfast on platinum sector local ownership law

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ZIMBABWE will not lift the 51% local ownership requirement - known as indigenization - for the country’s platinum mines, according to the country's newly...