Home News Page 1035

News

French nuclear plants need more safety

0
France's 58 nuclear reactors are safe, but safety systems must be improved quickly to prepare for extreme situations, says the French nuclear safety authority.

First Quantum says workers on strike in Zambia

0
Workers at the Zambian unit of Canada's First Quantum Minerals have gone on strike for a 100% pay rise, bringing production to a halt at the country's largest copper mine.

Gold rises in line with euro recovery

0
Gold is rallying and boosted by a rise in the euro against the dollar, after the price hit its lowest in nearly six months last week in a flurry of year-end speculative selling.

Copper at 3-week high on fund flows, China data

0
Copper has hit a three-week high, lifted by fund allocations at the start of the year and by an expansion in China's manufacturing activity.

Jim Rogers says bearish on gold

0
The euro may rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, says investor Jim Rogers.

Eastplats finalises $100m debt facility

0
Eastern Platinum says it has finalised a $100m debt facility for the funding of its Mareesburg Project.

Resources give JSE New Year fillip

0
The JSE was up more than 2% as stronger commodity prices drove the resources sector higher, although trade was thin.

Anglo finds fighting weight

0
BEST OF 2011: After a period of divestment, Anglo American is in fine fettle to compete against its diversified mining rivals. First published 24 January.

Gold heads into 2012 with final quarter loss

0
Spot gold is ending 2011 on a weak note after 10 straight annual gains, heading for its first quarter of losses in more than three years.

Iron ore prices set for 20% decline in 2011

0
Iron ore prices in China, the world's biggest market, are headed for a 20% decline this year, and few analysts see them recovering soon.