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Mining

Zimplats fined for banking offshore

May 25 2012 12:44

Zimbabwe has directed banks not to provide services to a local unit of SA-owned miner Zimplats, after it continued to put money in offshore accounts.

Mining

Implats workers return to shifts

May 24 2012 08:22

Impala Platinum says workers have returned to the job at its Rustenburg mine after a two-day stoppage that cost it at least 6 000 ounces in output.

Mining

Workers expected to go back soon

May 23 2012 17:02

Striking workers at the Impala Platinum Mine are expected to resume their duties soon, says the mine.

Mining

DRDGold responds to parliament chair

May 23 2012 13:00

DRDGold says it has sent a written submission to the chair of parliament's water affairs portfolio committee, following comments he made concerning the company.

Mining

Lonmin hammered as platinum slides

May 23 2012 09:54

Shares of Lonmin have fallen 2.6% as the platinum miner was hit again by the lower spot platinum price.

 
Mining

Implats workers extend walk-out

May 23 2012 09:39

Workers at Impala Platinum’s Rustenburg mine extended their walk-out for a second day running amid violence between rival unions at the world’s biggest platinum mine.

Mining

DRDGold incurs committee chair's wrath

May 22 2012 16:32

The head of a parliamentary portfolio committee has vowed to summon the executive management of DRDGold to explain what he called its "blackmail" of government.

Mining

Implats workers down tools

May 22 2012 13:35

Implats mineworkers are striking to protest the arrest of colleagues and leaders implicated in last week's clashes between rival unions, says an official.

Mining

Rustenburg unrest cuts Implats output

May 22 2012 10:50

Impala Platinum is losing production of 3 000 ounces a day with most workers not reporting for duty at its Rustenburg mine because of ongoing union rivalry.

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Mining

Implats Rustenburg workers in stay-away

May 22 2012 09:37

Impala Platinum, the world’s second-largest platinum producer, says most workers were not reporting for duty at its Rustenburg mine because of labour unrest.

Mining

Fresh protests erupt near Implats mine

May 22 2012 07:59

Fresh protests erupted at an informal settlement near Impala Platinum's Rustenburg operations, the latest trouble at the world’s largest platinum mine.

 
Mining

Anglo's struggle showcases platinum woes

May 17 2012 14:58

Miner Anglo American has made its platinum business a priority and admits it is underperforming in the face of high costs, safety stoppages and low demand.

Mining

Gold Fields revenue falls

May 17 2012 09:11

Gold producer Gold Fields has reported an 18% fall in quarterly earnings, albeit above expectations, as output and the bullion price in rands both fell.

Company Snapshot

For detailed Unit Trust information, click here.
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... Read their blog...

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