Off The Wires

Jubilee Platinum narrows annual loss

0
Mining exploration and development company Jubilee Platinum reported a full year headline loss of £1.35 compared to £1.12 previously.

Rand weakens on mine strike fears

0
The rand dipped below 10 to the dollar again on fears of mine strikes and the prospect of interest rate increases.

No SARB plans for platinum as reserve asset

0
There were no talks among central bankers in the South African Reserve Bank about upgrading platinum to a recognised reserve asset.

RBPlat Sep Q output down 5%

0
Royal Bafokeng Platinum reported a 5% fall in September quarter platinum group metal production owing to a planned maintenance shutdown.

Zuma urges shake up of energy sector

0
South African president Jacob Zuma said the country's energy sector was due a radical shakeup to accommodate nuclear and "game-changing" shale gas.

Hambro forecasts more gold CEO casualties

0
BlackRock's Evy Hambro said there would be more CEO gold industry casaulties as write-downs continued in the industry.

Ferrochrome price 11.5% lower for Q1

0
First quarter European benchmark ferrochrome prices were settled at $0.92c cents per pound (c/lb), a decline of 11.5% against the fourth quarter prices.

Grindrod loco lease business targets Africa

0
Logistics company Grindrod said its new locomotive leasing business would target companies operating in Africa where infrastructure was poor.

Esops deemed to have failed BEE

0
Employee Share Ownership Schemes have not benefited workers who received them, experts said.

Kgadima PetroSA appointment rescinded

0
The appointment of Tshepo Kgadima as chairman of PetroSA has been rescinded following controversy about his coal mining dealings.