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Harmony told it’s “too small’ for Wafi-Golpu

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On a day when Harmony Gold wanted to show off new detail about its game- changing Wafi-Golpu resource, the company ran into scepticism over its strategy for the asset’s development.

Pan African sells Manica

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Pan African Resources has finally sold its Mozambican gold project, Manica, in a cash and shares transaction potentially worth R52.5m, the company says.

DRDGold looks beyond gold

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DRDGOLD wants to extend its surface mining footprint beyond gold, saying very few players can match its technology to extract earnings from mining dumps in high-volume environments.

Lonmin edges lower as no-shows continue

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Lonmin’s shares inch further down as the company reports attendance figures of 8% - fewer than one in 12 of the group’s 28,000 workers.

DRDGold posts FY earnings surge

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DRDGold has reported a 53% increase in full-year operating profit to R622m from its Ergo asset, leading the gold producer to a 259% increase in headline earnings per share.

Can Aquarius Platinum survive?

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The malaise in the platinum group metal sector has had a greater effect on Aquarius Platinum’s share price than the global economic crisis.

NUM “doing good business’ in mining sector

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The National Union of Mineworkers’ investment vehicles are not afraid to do business with mining companies.

Workers stay away as Lonmin seeks peace deal

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UPDATE: Fewer than one in seven Lonmin employees have turned up for work as the company aims to have a peace agreement with all unions in place later this week.

CoM, DMR seek centralised negotiation forums

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THE Chamber of Mines, together with the ministries of labour and mineral resources, are actively seeking a centralised negotiation forum for the platinum and gold industry.

Sibiya defends mineworkers’ pay levels

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Chamber of Mines CEO Bheki Sibiya says the wages that the body’s members pay their employees compare favourably to that of other industries. He has also called for an economic Codesa.