Home News Markets Page 263

Markets

ARM boosts full-year profit, dividend

0
Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.

Zimbabwe gives Rio ‘part approval’

0
Rio Tinto's Murowa diamond mine in Zimbabwe says it has been given "part approval" for its plan to comply with indigenisation legislation.

Terms to be attached to mining licences

0
Mining licences will in future be granted with attached conditions, to ensure a supply of raw material for local industries seeking to further refine, or beneficiate, the extracted minerals, MPs hear.

Namibia’s diamond, uranium output down

0
Namibia's diamond output more than halved in the second quarter of this year to 208,000 carats as economic woes hit demand, financial group Capricorn Investment Holdings said on Tuesday.

Beneficiation not optional in new MPRDA

0
Government may force the mining sector to participate in beneficiation, at least as far as the supply of raw materials are concerned, according to policy proposals.

Sarb swoops on Mzi Khumalo’s assets

0
Mining magnate Mzi Khumalo has finally been hit with a R1bn order of forfeiture by the Reserve Bank for flouting exchange control laws.

ANC Youth League braces for leader’s trial

0
The ANC Youth League is planning to support its leader Julius Malema, who has galvanised legions of poor black supporters, at a disciplinary hearing this week that may lead to his suspension.

Malema’s demise will change mining debate

0
The nationalisation debate will probably head into a new direction when the dust settles over the disciplinary hearing of ANC Youth League President Julius Malema.

Shabangu to give charter verdict soon

0
Mines minister Susan Shabangu will soon give her assessment of industry progress in reaching the objectives of the Mining Charter.

Nationalisation not a cure-all for SA’s ills

0
Cosatu has cleared the air about its stance on nationalisation considerably by giving its full support to the views of the National Union of Mineworkers.