Home News Page 889

News

AMSA may reprice steel as rand strengthens

0
ArcelorMittal SA said it would consider lowering prices of its flat products as the rand had gained 7% against the dollar since mid-February.

Randgold sets about 10-year bankable plan

0
Randgold Resources hopes to extend bankable reserves at some of its mines to 10-years while it sets about finding "the next big elephant".

South Deep hiccough tempers Gold Fields

0
Gold Fields produced good March quarter figures in which it lowered net debt, but a minor output adjustment at South Deep will give grounds for unease.

Harmony may pay dividend after upbeat figures

0
Harmony Gold said plans to reward shareholders were intact after improved March quarter figures and prospects of a continued good performance this quarter.

Aquila bid may cast SA projects in new light

0
A A$1.42bn bid for Aquila Resources by Boasteel Resources and Aurizon may have far-reaching consequences for the $480m Avontuur manganese project.

Amplats details executive share plan as talks fail

0
In an unfortunate case of timing, Amplats details millions of rands in share incentives to directors that underpins the gulf between worker and executive classes.

Story of two capital raising efforts

0
RAISING money for platinum mining in the current market can be something of a hazardous business; or is it? Well, the answer is that it just depends.

Strike will hit platinum price in May

0
THE strike at the platinum mines, now in its thirteenth week, will cause the price of the metal to start recovering soon.

Strike removes up to 2,5m ounces from market

0
The strike will normalise the platinum market for at least five years, says Impala Platinum marketing head Derek Engelbrecht.

Rustenburg sale may cure years of ‘self-harm’

0
SPECULATION Sibanye Gold may buy platinum shafts or sections in Rustenburg owned by Anglo American Platinum not only represents a potential new chapter in the rise of the gold counter, but gives credence to the proposed turnaround of Amplats parent, Anglo American.