Silver stocks smashed and bloodied Mineweb JOHANNESBURG - | What kind of investor gets mixed up with primary silver stocks, a global equities subsector that over time experiences some of the wildest gyrations in global markets? Take Hecla Mining, one of the top stocks in the group. During 2008, silver bullion traded above USD 20....
First Uranium sneaks in more output cuts Mineweb JOHANNESBURG - - | Coincident with the Mining Indaba conference in Cape Town, South Africa, First Uranium, the world's worst-performing uranium stock, has released yet another cut in forecast production, under the headline "FIRST URANIUM UPDATE ON ENVIRONMENTAL AUTHORIZATION". The release...
JSE buoyed by firmer metal prices Business Report | Submit your comment | The JSE was firmer in midday trade on Monday, buoyed by stronger resource counters amid higher metal prices. | At noon, the JSE all share index was 1.27 percent firmer, with resources gaining 2.41 percent, platinum mine...
Angloplat's $1.6bn rights issue backed by owner Mineweb JOHANNESBURG (Reuters) - | Mining bellwether Anglo Platinum said it would pay off most of its debt via a $1.6 billion rights issue backed by its owner, and forecast its markets would turn around in 2010, sending its shares higher. | Anglop...
Angloplat gets rights issue backing, eyes upturn The Guardian * Majority owner Anglo American backs $1.6 bln cash call * Proceeds to clear most of Angloplat's debt * FY headline EPS down 95 percent as expected * Sees platinum market recovery in 2010 * Shares up 6 percent (Adds Anglo backs issue, details) By Jam...
Anglo Platinum Seeks to Raise $1.6 Billion Wall Street Journal By ROBB M. STEWART | JOHANNESBURG—Anglo Platinum Ltd., the world's largest producer of the metal, said Monday it will tap its shareholders for $1.6 billion to help cut debt that ballooned last year amid a slump in demand. | The Johannesburg-bas...
Mining Charter 'Champion' Calls It Quits All Africa THE main architect of the mining charter, the deputy director- general of the Department of Mineral Resources, Jacinto Rocha, has quit his position. | ...
Eskom has put a heavy burden on our future Business Report | By INGI SALGADO | Submit your comment | Public hearings last month by the National Energy Regulator of SA (Nersa) brought into focus a high degree of frustration at the lack of public involvement thus far in decisions regarding South Africa'...
League tackles Cronin on nationalisation Independent online | Next » 1 2 | South African Communist Party deputy general secretary Jeremy Cronin was "raising false alarms" on the mine nationalisation debate, the African National Congress Youth League said on Thursday. | It was responding to a...
