Home News Markets Page 296

Markets

Village on fundraising path

0
Village Main Reef is to ask shareholders for permission to raise up to R40m, to bolster cash reserves and finalise the acquisition of Consolidated Murchison.

Motsepe coins it

0
Africa Rainbow Minerals chairperson Patrice Motsepe earned almost 74% more during the group's 2010 financial year than in 2009, according to the company's annual report.

Zoellick’s plan highlights dollar angst

0
World Bank President Robert Zoellick's call for a new global currency system with gold as a reference point highlights the depth of unease about a weakening dollar.

Indian firm takes over Zim steelmaker

0
India's Essar Group has won a bid to revive Zimbabwe's collapsed parastatal Zisco steelmaker, following a scramble for the shares of the beleagured firm.

Court to rule on Potash-BHP suit

0
A US court will rule on Potash Corp's request for a preliminary injunction against unsolicited suitor BHP Billiton, ahead of the November 18 deadline on the Anglo-Australian miner's $39bn tender offer.

Gold stocks on fire

0
Gold stocks have rallied on the back of international inflation fears, the record high price of the yellow metal and an attractive rand gold price.

Zoellick seeks new gold standard debate

0
UPDATED: Leading economies have to consider readopting a modified global gold standard to guide currency movements, says World Bank president Robert Zoellick.

Gold edges towards $1,400

0
Gold hit another record around $1,394/oz before speculators cashed in, but an unpopular decision by the Federal Reserve could still spur buying.

Diliza: ANCYL puerile and insulting

0
The head of the Chamber of Mines, Zoli Diliza, has blasted the "crude" ANC Youth League.

Sirleaf dismisses cabinet

0
Liberian President Ellen Johnson-Sirleaf has dismissed her cabinet in a move that will provide her a "fresh slate" for the next phase of her administration, her office says.