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Hyprop lifts H1 distributions by 8.3% y/y

By: Simone Liedtke     2nd March 2018 JSE-listed specialist shopping centre real estate investment trust (Reit) Hyprop on Friday reported solid growth in distributions of 8.3% for the six months to December 31, which was driven by a stable performance from South African shopping centres and a strengthening South-Eastern European... 

Hyprop’s South-Eastern Europe fund eyes possible dual listing

By: Natasha Odendaal     1st September 2017 JSE-listed Hyprop on Friday said progress was being made in the potential dual-listing of its 60%-owned UK-based Hystead subsidiary, which holds all of Hyprop’s South-Eastern Europe assets, by the first half of 2018. Hystead is eyeing additional listings on the Johannesburg and Luxembourg bourses... 

Cash-flush Randgold in massive Côte d’Ivoire gold discovery

By: Martin Creamer     3rd August 2017 The exploration team of Randgold Resources, which on Thursday reported a 53% leap in half-year profits, plus cash on hand of $572.8-million even after the $94-million dividend payout, has defined a large target in Côte d’Ivoire, which is considered to be “potentially the most exciting gold... 

Randgold to make Massawa development decision by mid-2018

By: Henry Lazenby     29th June 2017 LSE- and Nasdaq-listed Randgold Resources on Wednesday said it should be able to make a development decision on the Massawa project, in Senegal, by mid-2018. The London-based miner plans to complete a feasibility study on the multimillion-ounce orebody by the middle of next year. 

LEM completes its surface mounted SO8 & SO16 isolated current transducers range with an integrated current conductor

22nd June 2017 Key points: Open-loop Hall effect ASIC-based current transducers to measure from 4 A up to 30 A DC, AC or pulsed Cost effective, 2 x IC packaging for SMD automatic assembly Excellent immunity to external fields Good offset and gain drifts Wide operating temperature range from -40 to +125ºC Up to... 

Randgold well placed to make up output loss by year-end

By: Martin Creamer     4th August 2016 London-listed Randgold Resources is well placed to make good its second quarter production slippage and keep its 2016 output forecast intact. Teams have been reworking their mine plans to ensure that the company ends the year within guidance. While prolonged mill downtime at Tongon, in Côte... 

Mill breakdown, lower output hit profit in tough quarter

By: Martin Creamer     4th August 2016 Prolonged mill downtime at Tongon and the Kibali plant’s continuing transition to a mixed-ore feed negatively impacted the production and costs of London-listed Randgold Resources in the three months to June 30. One of Tongon’s two milling circuits lost 46 days after a breakdown and Kibali’s... 

Company Announcement: AMEC wins Krumovgrad gold mine project, Bulgaria

22nd August 2012 AMEC, the international engineering and project management company, has been awarded a contract by Balkan Minerals and Mining EAD, a subsidiary of Dundee Precious Metals Inc., to provide engineering and procurement services for the Krumovgrad Gold Project in Bulgaria 

Tsumeb smelter gets thumbs up to increase production

By: Henry Lazenby     12th July 2012 Canada-based Dundee Precious Metals (DPM)on Wednesday reported that Namibian authorities had given it the green light to increase production at its Tsumeb smelter to 75% of its nameplate capacity, following concerns about emissions controls. 

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