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Mali starts seizing gold stocks at Barrick’s Loulo-Gounkoto

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MALI has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, said Reuters citing a note to staff issued...

Cutifani helps form bank amid mining M&A revival

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MARK Cutifani, the former CEO of Anglo American, has teamed up with mining banker Omar Davis, formerly of Bank of America to set up...

Barrick warns investors not to accept mini tender

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BARRICK Gold warned shareholders on Monday against accepting a 'mini-tender' for five million of its shares by TRC Capital Investment Corp. The offer was made...

Tharisa off to slow start in 2025 amid weaker metal prices

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THARISA reported lower first quarter production owing to poor availability of drilling equipment. Coupled with an easing in the chrome price, the slow start...

Suspended Exxaro CEO Nombasa Tsengwa starts fightback

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AN online petition supporting the reinstatement of suspended Exxaro Resources CEO Nombasa Tsengwa had been signed by more than 100 employees, said Business Times...

Big year for Ivanhoe as prepares to open SA platinum mine

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MARNA Cloete is accustomed to the doubters. When Ivanhoe Mines, of which she is president (“CEO in South African terms,” she explains), was first...

Mantengu hails Blue Ridge project as corporate finance dream

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MINING tailings is lucrative business for those who get the technology right. DRDGold is the established brand in the industry, but rivals such as...

Gemfields hit by shock 15% export duty on Zambian emeralds

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ZAMBIA has imposed a shock 15% export duty on precious gemstones adding further pressure on Gemfields which operates the country's Kagem emerald mine. Sean Gilbertson,...

Exxaro should stick with coal and pay out its cash

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EXXARO Resources said last year it will press on with plans to diversify production into "green metals". In the case of the JSE coal...

Barrick issues ultimatum on Loulo-Gounkoto after new Govt impost

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BARRICK Gold said on Monday it would have "no choice" but to temporarily suspend Loulo-Gounkoto if Mali's government failed to lift new restrictions placed...