Home News Page 1151

News

Eastplats disappoints yet again

0
Eastern Platinum has just reported its third consecutive quarter of falling production, which explains the slump in the share price so far this year.

IFM set to turn corner

0
International Ferro Metals remains on track to lower its cost base as it prepares to cash in on an expected increase in demand for stainless steel.

China cool on ‘expensive’ SA coal

0
The price of importing South African coal into China has fallen to be nearly on par with Chinese domestic rates, but buyers are not biting, industry players say.

Petra Diamonds steams ahead

0
Petra Diamonds has delivered a trading update backing CEO Johan Dippenaar’s claim the company is one of the world’s leading diamond producers.

Uranium find in India could be world’s largest

0
A huge deposit of uranium India has found in a southern state may turn out to be among the biggest reserves of the mineral in the world.

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.

NIA official shown as Pamodzi ‘white knight’

0
A senior intelligence official was the driving force behind a secret R200m rescue package - using worthless Mexican agricultural bonds - to save the beleaguered Pamodzi Gold.

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.