Home News Page 941

News

De Beers expects price growth in 2013

0
De Beers CEO, Philippe Mellier, says the diamond company should produce 27 million carats in 2013 which would provide a platform for price growth.

Marikana “exposed culture of violence”: Zuma

0
The Marikana tragedy exposed a deep culture of violence in SA society as well as organisational challenges in the workplace, said president Jacob Zuma.

Wits Gold is an “opportunity” for Sibanye

0
Wits Gold could provide an opportunity for Sibanye Gold, the firm created after Gold Fields unbundled its mature South African mines.

Tax talk to dominate Mangaung mines debate

0
There's no doubt a tax overhaul will dominate the debate when delegates at Mangaung turn their attention to the country's key economic sector.

Kumba, Amsa agreed one-year iron ore price

0
Kumba Iron Ore will supply ArcelorMittal South Africa with 4.8 million tonnes of iron ore at a weighted average price of $65/t, the companies said yesterday.

Aquarius, Implats agree $550m Mimosa sale

0
Aquarius Platinum and Impala Platinum have sold just over half of their shares in Mimosa Platinum in line with Zimbabwe's indigenisation law.

Sylvania boss sacrifices 33% of salary

0
Sylvania Platinum executives took pain for the team announcing they would forgoe up to a third of their salaries for the remainder of the financial year, ended-June.

Gemfields attracting interest from retailers

0
International jewellery retailers were looking to buy a piece of Gemfields following its proposed takeover of historic brand Faberge, CEO Ian Harebottle said.

Eskom reprises power buy-backs with Xstrata

0
The Xstrata-Merafe Chrome Venture has agreed to idle 25% of its production as Eskom seeks capacity to continue R35bn maintenance plan.

Rockwell to mothball Tirisano amid cash burn

0
Rockwell Diamonds said it was unable to stem losses at its Ventersdorp alluvial diamond mine, Tirisano, but added funding of its project pipeline remained intact.