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Anglo raises R7.2bn from Amplats bookbuild

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ANGLO American raised R7.2bn in gross proceeds from an accelerated bookbuild of shares in its 78% owned Anglo American Platinum (Amplats). The UK-listed firm announced...

Pan African guides to one fifth gold production lift in 2025

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PAN African Resources has forecast an increase in gold production of up to 21% as the first fruits of its $135m (R2.4bn) Mintails surface...

Anglo announces accelerated bookbuild in Amplats shares

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ANGLO American is to sell new shares in its 78.5% owned subsidiary Anglo American Platinum (Amplats) in a bookbuild starting immediately that is worth...

AngloGold open to selling mines if Centamin deal passes muster

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ANGLOGOLD Ashanti CEO Alberto Calderon said he was open to selling less profitable mines if the firm's $2.5bn offer for Centamin announced today was...

Fission shareholders approve Paladin Energy takeover offer

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PALADIN Energy said on Tuesday shareholders of US firm Fission Uranium Corp. had approved its all share C$1.1bn takeover bid launched in June, albeit...

AngloGold bids $2.5bn in cash and shares for Centamin

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ANGLOGOLD Ashanti has launched a $2.5bn share and cash takeover of Centamin, the 470,000 ounce a year African gold miner. The offer, which has received...

Platinum tipped to shake off negative price sentiment

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THE platinum market is forecast to move into a yet wider supply deficit this year, according to the World Platinum Investment Council (WPIC). Commenting in...

GoviEx extends footprint in Zambia

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URANIUM exploration firm GoviEx said on Monday it had acquired a control option over the Lundazi exploration licence in Zambia. The option was bought from...

Andrada scores deal with Chile’s SQM for lithium prospect

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NAMIBIAN tin miner Andrada Mining has scored a coup for its Lithium Ridge project after Chile's SQM agreed to buy up to 50% of...

Wesizwe Platinum concentrator delayed by “certain defects”

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WESIZWE Platinum is to ramp up production from its Bakubung mine in South Africa's North West province in the first quarter of 2025, the...