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India doubles gold and silver import tariffs

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INDIA has more than doubled import duties on gold and silver to 15% from 6%, as New Delhi seeks to defend the rupee and...

Froneman on crime: “Don’t be soft, let’s call it treason”

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PUTTING people on special leave is no way to root out crime and corruption, says Neal Froneman, the no-nonsense hard man of South African...

Motsepe says SA mining regains edge through public partnerships

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SOUTH Africa has recovered its competitiveness as a mining destination through collaboration between government and the private sector, said Bloomberg News citing the comments...

Copper 360 announces restructure to focus on Rietberg mine

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COPPER 360 is to cut jobs at its Northern Cape province operations as part of a "repositioning" aimed at putting the company on course...

Barrick launches $3bn buyback ahead of spin-off

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BARRICK Mining said it planned to repurchase $3bn of its shares in an effort to reward shareholders ahead of the proposed spin-off of its...

Zhaojin targets African gold mines as M&A heats up

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CHINA'S Zhaojin Mining Industry is scouting for gold mine acquisitions in Africa, Central Asia and the Asia Pacific, with West African countries including Côte...

Stewart aims to keep it simple at Sibanye-Stillwater

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SIBANYE-Stillwater shares are down almost 10% year to date, which is quite a disconnect considering its latest quarterly results, in which the platinum group...

Coal demand surges as Middle East conflict disrupts gas

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GLOBAL coal imports are on course for their third-highest monthly total on record this May as the Middle East conflict forces Asia and Europe...

AngloGold unveils $2bn buyback as registers record cash flow

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ANGLOGOLD Ashanti on Friday unveiled plans for a $2bn share buy-back following another quarter of record free cash flow. Announcing its first quarter numbers, the...

Sibanye-Stillwater raises $500m in bond offering

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SIBANYE-Stillwater has secured $500m (R8.2bn) in a senior notes offering that was more than five times oversubscribed, said Business Day in an article on...