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Dump mining could add 500 000 oz/y to Harmony's production profile Restricted

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enter caption Africa's third-biggest gold producer Harmony was studying the implementation of three Ergo-style mine-dump retreatment projects, which could unlock as much as 500 000 oz of gold a year for a number of years, CEO Bernard Swanepoel said on Tuesday....
31st October 2006
 
 
Gold

Goldminer steps up exploration pace Restricted

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Johannesburg-based gold exploration company Wits Gold has announced that it would be stepping up its exploration programme to better quantify the resources to which it holds ‘new order’ prospecting rights and move up the exploration...
31st October 2006
 
 
Gold

Harmony unveils long-awaited profit, promises strong growth focus Restricted

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South Africa's third-largest gold producer Harmony Gold reported a net operating profit of R277-million compared with a loss of R41-million in the June quarter and its first headline-earnings profit in 11 quarters. The company announced a 38% rise...
31st October 2006
 
 
Gold

Swanepoel says Gold Fields' offer for Western Areas creates big overhang Restricted

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Harmony CEO Bernard Swanepoel described the decision by Western Areas to accept an all-share offer for the company from Gold Fields as “na
31st October 2006
 
 
Gold

TauTona emerges as serious safety challenge at AngloGold Ashanti Restricted

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BOBBY GODSELL Africa's largest gold producer, AngloGold Ashanti, has suffered 29 fatalities at its South African operations so far this year, which was significantly higher than the previous year's 17 fatalities, it disclosed on Monday. More than half, 16, of...
30th October 2006
 
 
Gold

Deep-sea mining vessel Restricted

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Nautilus Minerals has announced that it has entered into a heads of agreement with Belgium-based Jan De Nul, to construct a specialised deep-sea mining vessel for Nautilus's Solwara project, in Papua New Guinea.
27th October 2006
 
 
Gold

Gold ETFs record significant gains in third quarter Restricted

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Gold investment demand trends in the third quarter varied widely by product type, with the futures market suffering heavy liquidation, compared to an overall growth in demand for products such as Exchange Traded Funds (ETFs).
27th October 2006
 
 
Gold

Driefontein takes ton-a-quarter knock in interests of safe pillar project Restricted

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NEWS South African gold miner Gold Fields has put safety first by halting a high-grade pillar-extraction project that will result in a loss of nearly a ton of gold a quarter at its Driefontein operation until a solution is found. The company plans to...
26th October 2006
 
 
 
 
 
 
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