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“Difficult quarter” for Randgold’s Loulo

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Randgold Resources has revised downwards its production guidance from its Loulo mine in Mali following a quarter the group described as "difficult".

Centamin Egypt output lower than expected

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Gold miner Centamin Egypt has produced a lower than expected 30 236 ounces in the quarter to end June, but says it remains on track to produce 200 000 ounces in 2010.

Gold holdings slide in SPDR Gold Trust

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Holdings in the world's largest gold-backed exchange traded fund fell to their lowest levels since early June - a development that could cap gold's rebound, analysts said.

Gold One confident on year-end metal target

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Work stoppages hurt production at Gold One International but the gold producer said annual metal output targets remain firmly in its sights.

Bernard Swanepoel to chair Simmers

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Former Harmony CEO Bernard Swanepoel will take over as chairman of Simmer and Jack Mines at the company's annual general meeting on September 10.

Zuma expands empire amid Aurora woe

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The human side to the failure of Aurora Empowerment Systems is a tragic one and is intensified by the apparent sang-froid of the firm's founder, Khulubusa Zuma who continues to spread his wings.

Randgold DRC project ahead of schedule

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International gold mining and exploration company Randgold Resources says construction on its Kibali project in the DRC is six months ahead of schedule.

Simmers finally takes over Tau Lekoa

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UPDATED - Shares in Simmer & Jack Mines shrugged off a weak initial response to its eventual purchase of Tau Lekoa mine to trade some 18% higher in mid-afternoon trade.

Randgold & Exploration eyes higher H1 earnings

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Randgold & Exploration says earnings per share for the six months ended June 2010 will be between 1 050c and 1 105c per share greater than the comparative unaudited earnings per share of 1c per share for the six months ended June 2009.

Investment flows to prop up gold – GFMS

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Take away investment flows and the gold price would topple off its current highs, market research firm, GFMS has said.