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Padenga diversifies into gold mining

Padenga Holdings Limited, has diversified into gold mining following the successful acquisition of a 50,01 percent shareholding in Dallaglio Investments (Private) Limited. The Zimbabwe Stock Exchange (ZSE)-listed firm has delayed publishing its financial results for...

CIMIC nears sale of Thiess stake

Looking over the Mt Owen site. Image: Thiess. CIMIC Group is in the final stage of negotiations with a new investor in Thiess as it looks to offload a 50 per cent stake in the mining services company. CIMIC group executive chairman Marcelino Fernández Verdes stated...

Newcrest approves Cadia expansion

Newcrest Mining’s Cadia mine. The board of Newcrest Mining has approved stage two of the Cadia expansion project in New South Wales, which is expected to increase plant capacity and reduce production costs. The Cadia gold mine is one of Australia’s largest gold...