Home News Page 1221

News

Naomi Campbell testifies in blood diamond trial

0
Naomi Campbell has testified at the war crimes trial of former Liberian leader Charles Taylor, who prosecutors say gave a "blood diamond" to the British supermodel.

ENRC sees strong growth in Q2 output

0
Kazakh miner ENRC, says demand for stainless steel had recovered from last year's downturn, bringing strong growth in the second-quarter output of its two most important products, ferroalloys and iron ore.

China liberalises gold market

0
China has given a spur to the gold market by announcing plans to allow more commercial banks in its borders to trade in gold bars.

Grootvlei to wade into acid water crisis

0
Aurora Empowerment Systems says the Grootvlei mine would double its capacity to pump acid mine water, possibly as early as Friday.

Merafe bursts back into profit

0
A one third improvement in ferrochrome prices have helped Merafe Resources back into a first half profit.

Merafe, Xstrata to build R1bn chrome plant

0
The Xstrata/Merafe chrome joint venture will invest about R1bn in a new chrome pelletising plant to be built at the group's Rustenburg ferrochrome smelter.

Eskom’s World Bank loan under investigation

0
The World Bank's Inspection Panel has confirmed that it is investigating the awarding of the bank's $3.75bn loan to South African power utility Eskom.

Kinross enters Africa in $7bn deal

0
Kinross has bid $7bn in paper for Red Back Mining in a proposal that gives the Canadian firm access to gold mines in Ghana and Mauritania.

SA gold mines looking good

0
The June quarterly reporting season kicks off on Thursday and analyst expectations are high for better numbers all round from the SA gold miners.

Copper recovery to boost Zambia

0
Recovering copper prices will boost Zambia's economy, says Imara Africa Securities.