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Galaxy listing blip “not a show stopper”

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Galaxy Gold was unfazed by the JSE's ruling preventing it from a proposed listing, saying the action was "not a show stopper'.

AngloGold hedge unwind reflects optimism

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AngloGold Ashanti believes the decision to unwind the bulk of its gold hedgebook reflects the company's confidence in the likely direction of the gold price.

JSE delays Galaxy Gold listing

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The proposed listing of Galaxy Gold has been put on ice after the JSE raised concerns about the firm's mining rights.

Harmony searching for trapped miners

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Harmony Gold Mining Company said on Monday afternoon that rescue workers are searching for two employees following a seismic event.

Gold Fields sees Q1 output at 906,000 oz

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Gold Fields, the world's fourth-largest listed gold miner, says it expects attributable gold output for the September quarter to increase compared to the previous quarter.

African Barrick Gold eyes JSE listing

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African Barrick Gold, the fifth largest gold producer in Africa, may list in SA as it prepares to expand its operations.

Gold surges to fresh high amid US gloom

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The price of gold surged to another record on Monday registering as much as $1,283.35 per ounce as the market grew more pessimistic about the US economy.

Gold Fields in Phillippines venture

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Gold Fields may pay up to $340m for control of a gold/copper deposit in the Phillippines in an effort to source one million ounces of gold a year from the Australasia region.

AngloGold raises $1.58bn to close hedge book

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AngloGold Ashanti has exercised an over-allotment option on its share and bond issue to help raise an overall $1.58bn to close its hedge book.

AngloGold Ashanti to speed up growth

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AngloGold Ashanti intends using the extra $600m it will earn in free cash flow annually through removing the gold hedge to speed up its growth projects, two of which are in South Africa.