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Pipeline to boost DRDGOLD resource

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Junior gold miner DRDGOLD says a pipeline and plant expansion project at its Ergo and Crown operations would up its potential resource.

DRDGold unveils R300m Ergo proposal

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DRDGold is to spend R300m gaining access to the Ergo mine dumps that will take total surface resources to 600 million tonnes.

Gold soars to record high

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Investors are taking stock of global economic prospects and seeking refuge in safe haven assets.

Strike starting to bite Northam Pt

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A strike by 8000 NUM-aligned workers at Northam Platinum was starting to hurt the platinum producer.

Absolute warns of one fifth losses

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Absolute Holdings, due to be renamed Bauba Platinum, said full-year headline losses could be as much as one fifth higher.

Ergo a winner for DRDGold

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The Ergo project is now delivering healthy profits for DRDGold with more to come as the fine-tuning is completed and it will also extend the lives of the Crown and City Deep treatment plants

Resgen secures offtake from coal mine

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Resource Generation took an important step forward in developing its Boikarabelo coal mine in the Waterberg after signing an offtake agreement.

Eskom: Medupi has not been delayed

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Eskom has dismissed claims that SA faces a dire situation because of delays with the Medupi power station.

SA govt approves Rios, CoAL swap

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A farm swap between Rio Tinto, the UK miner, and Coal of Africa Ltd has been approved which CoAL boss John Wallington said would lead to larger project developments.

Gold Fields to up South Deep output 25 percent

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Gold Fields believes its South Deep mine, on the west Rand of the Witwatersrand, can produce one million oz/year.