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Harmony hedges R6.2bn of future gold sales

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Harmony has swapped a degree of unpredictable leverage for surety in the form of a rand hedge over a third of its gold production for the next 12 months.

Panaf plans 25% gold output lift at Elikhulu

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Pan African Resources said it would produce 50,000 ounces of gold from its Elikhulu surface gold project, currently subject to a definitive feasibility study.

AngloGold talks up Obuasi re-opening

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AngloGold Ashanti said it was confident it would find a joint venture partner for Obuasi, its Ghana gold mine currently in mothballs.

Steenkamp coasts into Harmony but perils lurk

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As far as starts go, life couldn't have been more seamless for Harmony Gold's new CEO, Peter Steenkamp. But challenges lie in wait.

2016 dubbed ‘survival of fittest’ for miners

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With nearly two months of 2016 down, it's clear that the remainder of calendar will be a test of survival for the world's mining stocks.

Gold Fields targets 30% output lift at South Deep

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Gold Fields is relying on its struggling South Deep mine in South Africa to do more of the heavy-lifting in 2016 as output from its other regions falls.

CoAL edges to Universal deal but rancour lingers

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Coal of Africa is expected to progress its bid for Universal Coal but questions about the union - posed by a rival bidder - have been met with a spirited defence.

Optimism grows for extended gold price hike

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Geopolitical risk and interest rate decreases mean gold is back in the news, but unlike previous rallies in 2014 and 2015, this one looks like it could be sustained.

Quiet descends on SA coal export growth plans

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Plans by South Africa to expand coal export handling facilities are on the back-burner as the international market offers little to no incentive.

DRDGold enters era of “aggressive” returns

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DRDGold CEO, Niel Pretorius, promised shareholders there was more to come from the gold retreatment firm at current rand gold prices.