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Gold holds own on stimulus continuation

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Gold held on to recent gains on the back of hopes that the US Federal Reserve would support economic recovery with continued stimulus efforts.

Tongon to be in 10% of 260koz target

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Tongon, the Cote d’Ivoire gold mine owned by Randgold Resources, would be 10% within its 2014 production target despite difficulties and setbacks.

Gold Fields wants cash generative mines

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Gold Fields said it would like to repeat the acquisition of mines similar to the Yilgarn assets it bought from Barrick Gold Corporation.

Eskom parts ways with third executive

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A third Eskom executive, suspended amid an internal inquiry in May, has left the company.

Africa exploration tough to finance: Nedbank

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Australia's mining sector should not expect the same level of interest in African exploration markets during the current market crunch.

Ivanhoe condemns Platfeef demonstration

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Ivanhoe Mining said 100 protesters at its Platreef project included 'known trouble-makers' and that local communities supported the enterprise.

Guinea to build $2bn hydroelectric dam

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Guinea was in talks with China International Water & Electric Corporation to build a $2bn hydroelectric dam that would boost its bauxite mining ambitions.

Ramphele quits party politics

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Mamphela Ramphele's brief career as a politician has ended in disaster with analysts fearing for the future of her newly founded party, Agang.

Petra gem may fetch $20m: report

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A 232 carat diamond discovered by Petra Diamonds at its Cullinan mine in Pretoria, South Africa, could fetch as much as $20m, an analyst said.

Eskom points finger at Mitsubishi again

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Eskom said a crucial steam test at Medupi had failed benchmark testing but that it would put in mitigating steps to avoid a further delay at the project.