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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
JOHANNESBURG - AngloGold Ashanti and Randgold Resources said on Saturday they had entered into an agreement with Congo's state owned OKIMO group to buy an additional 20% stake in Moto Goldmines for $113.6m.
Post transaction, AngloGold and Randgold will own 90% of Moto Gold Mines and the remainder will be held by OKIMO.
"This increases our participation in the Moto Gold project, which is an important part of our future growth plans," said AngloGold Ashanti CEO Mark Cutifani.
- Reuters