Home News Markets Page 265

Markets

Zimbabwe rejects all indigenisation proposals

0
Zimbabwe has rejected all 175 local ownernship proposals it received from foreign mining companies.

Flooding continues to impact BHP Billiton

0
BHP Billiton has reported a bigger-than-expected quarterly jump in metallurgical coal production from flood-hit eastern Australia.

Gold poised for more gains

0
The price of gold hovered below its record high, on course for a 12th straight day of gains as global jitters fuel safe haven buying.

Steel workers, employers reach wage deal

0
Tens of thousands of workers led by Numsa have ended a two-week pay strike in the steel and engineering sector, says union leaders.

Gold hits new high on debt concerns

0
Gold has hit a new all-time high of $1,597.71 an ounce on continued concerns over US and European sovereign debt.

Glencore to close Mina Justa deal in October

0
Glencore expects to close its $475m acquisition of a 70% stake in the owner of Peru's Mina Justa copper project in October.

Gold soars past $1,600/oz

0
Gold has maintained its winning streak, reaching a high in excess of $1,600 per ounce as concerns grow over the eurozone and US debt crises.

Rio Tinto ups iron ore, warns of costs

0
Rio Tinto warned of adverse exchange rates and input cost pressures for the remainder of its financial year.

AngloGold: don’t dismiss nationalisation

0
Nationalisation of South Africa's mines needs to be debated and not dismissed, says AngloGold Ashanti CEO Mark Cutifani.

Unions declare dispute in gold sector

0
The three unions representing employees in the gold mining sector have declared a dispute with the companies over wage increases