Home News Page 1157

News

Court to rule on BHP/Eskom power rates case

0
BHP Billiton will know on Friday whether the confidential rates it pays for electricity supply from Eskom for two of its aluminium smelters are to become public knowledge.

AngloGold Ashanti reports record earnings

0
AngloGold Ashanti cracked it in the June quarter, making record earnings from the rising gold price underpinned by good cost control.

Exxaro sees significant HEPS increase

0
Diversified miner Exxaro says it expects to report a rise in first-half headline earnings per share, boosted by a good performance at its coal business.

Impala in fresh wage talks

0
The National Union of Mineworkers plans talks with negotiators at Impala Platinum to head off a strike over wages that may impact global prices of the precious metal.

Gold miners return to hedging

0
For just the second time in five years, global gold miners have returned to net hedging.

First Uranium to meet key test, despite outage

0
First Uranium says the week-long outage of operations at Mine Waste Solutions will not affect the outcome of the Gold Wheaton completion test.

Emerging world buys gold as West wobbles

0
Central banks of emerging market countries have added more than $10bn of gold to their reserves this year, in a sign of waning faith in the West's benchmark bonds and currencies.

Gold miners jump on risk aversion

0
JSE-listed gold mining stocks have surged in early trade as investors take shelter from the deteriorating global economic outlook and Europe's worsening debt crisis.

Davies to probe Exxaro refinery closure

0
A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.

Ban chrome ore exports, says Merafe

0
Merafe CEO Stuart Elliot wants levys and volume curbs placed on the exports of chrome ore which he says are benefitting China and harming South Africa.