Off The Wires

Gold Fields “on track” for 2.2m oz output

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Gold Fields was on course for achieving full year production of 2.2 million ounces while All-in Sustaining Costs would be lower than first forecast.

Renamo’s Dhlakama says “no need for war”

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Afonso Dhlakama, head of Renamo which looks to be heading for a defeat at Mozambique's national polls, said there was no need for a return to war.

Barrick mine threatened by Zambia royalty hike

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Barrick Gold said a planned increase in royalties by Zambia would threaten the viability of its Lumwana mine.

Khumalo may take Metallon to LSE

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Mzi Khumalo said he may take Metallon Gold to the London Stock Exchange if the firm can purchase more gold mines in Africa.

Merafe Q3 output down, hit by Numsa strike

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Shares in Merafe Resources were under pressure after third quarter output fell and some mines were affected by a Numsa strike.

Sierra Leone needs $1bn to fight Ebola

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West Africa's Sierra Leone said it required $1bn in funding to cover the cost of the Ebola virus, according to the country's finance minister.

Rio’s Walsh asks investors to resist panic

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Rio Tinto said it was confident it would continue to return cash to shareholders despite a steep decline in the price of iron ore.

FirstRand exposed to $200m iron ore debt

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FirstRand and Standard Chartered were two of several banks exposed to a $200m loan to London Mining, the stricken UK-listed iron ore producer.

SA gold firms say asset mergers possible

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Harmony Gold and Sibanye Gold recognise the potential merits of asset mergers amid a poor dollar gold price.

Harmony to lift Q1 gold output 6%

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Harmony Gold said gold production would be 6% higher in the first quarter of its 2015 financial year.