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Gold

SA gold leader gets central bank approval for acquisition Restricted

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The world’s leading gold producer, AngloGold, has received permission from the South African Reserve Bank to proceed with its proposed acquisition of Normandy Mining.
27th September 2001
 
 
Gold

Placer still on acquisition trail Restricted

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Placer Dome will stay focused on acquisitions despite losing out in a bidding war for WMC Resources’ prized Australian gold assets, its president said on Friday.
26th September 2001
 
 
Gold

SA’s gold No 2 uses purchase to lower risk profile Restricted

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Chris thompson South Africa’s second-largest gold producer, Gold Fields, will produce more than a quarter of its output from opencast reserves once its proposed $232-million acquisition of the St Ives and Agnew mines from Australia’s WMC Resources is...
26th September 2001
 
 
Gold

SA backing for Australian gold project Restricted

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Bendigo Mining said South Africa’s Harmony Gold would take a 31,1% stake in Bendigo, providing the A$50-million (US$25-million) in funds it needs to start gold production at its mine.
25th September 2001
 
 
Gold

Big N American gold bias Restricted

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North America is receiving the lion’s share of the market capitalisation of major gold companies, with Africa-linked majors underfunded by comparison.
21st September 2001
 
 
Gold

Now SA’s gold No.2 moves on Aussie assets Restricted

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WMC Resources said it has agreed to sell its main gold-mines to South Africa’s Gold Fields for $232-million (A$470-million), plus a royalty.
21st September 2001
 
 
Gold

Aussies get in on gold merger act Restricted

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South Africa’s Harmony Gold said it would not oppose the agreed merger of Australian gold-miners Delta Gold and Goldfields.
18th September 2001
 
 
Gold

Higher gold prices could stymie consolidation Restricted

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Analysts believe that the firming gold price will increase the sense of urgency among those producers making moves to consolidate the fragmented gold production industry.
17th September 2001
 
 
 
 
 
 
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