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Mining

Exxaro ups profit on higher prices

Feb 23 2012 08:01

Diversified miner Exxaro has reported a 40% rise in full-year profit, boosted by strong demand and higher prices for the majority of its commodities.

Mining

Meeting raises hopes at Implats mine

Feb 21 2012 18:41

Impala Platinum says it is hopeful that most of the workforce at its Rustenburg operations would be persuaded by union leaders to return to work.

Mining

Implats workers stick to wage demands

Feb 21 2012 11:16

Dismissed workers from Impala Platinum's Rustenburg operation are demanding R9 000 "or nothing".

Mining

Impala worried by Zim minister's comment

Feb 20 2012 16:46

Impala Platinum says it is concerned by the empowerment minister's remark that it should sell more of its stake in the Mimosa joint venture in Zimbabwe.

Mining

Rio unveils $518m automated mining plan

Feb 20 2012 09:29

Global miner Rio Tinto has accelerated a move towards automation, disclosing a $518m plan to pioneer the use of driverless trains in Australia.

 
Mining

Anglo dashes special dividend hopes

Feb 17 2012 14:07

Anglo American will not pay a special dividend which analysts had speculated could have been funded by cash "trapped" in SA.

Mining

Anglo American profit jumps

Feb 17 2012 09:54

Miner Anglo American has posted a 14% rise in full-year operating profit as bumper iron ore profits and record coal income offset a drop in copper revenue.

Mining

Gold Fields Q4 up in line with consensus

Feb 17 2012 08:53

Gold producer Gold Fields has reported a 26% rise in quarterly earnings, in line with expectations as its results were lifted by a favourable exchange rate.

Mining

Costly Implats strike turns violent

Feb 16 2012 15:03

A miner was killed and several arrested after protestors burnt tyres and a police van as a month-long dispute turned violent.

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Mining

Glencore set to sweeten Xstrata bid

Feb 16 2012 13:03

Global miner Xstrata wants suitor Glencore to boost its all-share offer, and over a week after the tie-up announcement a modest sweetener seems to be on the cards.

Mining

Implats earnings get lift from weak rand

Feb 16 2012 09:21

Impala Platinum, the world's second-largest platinum producer, has reported a 66% jump in first-half earnings after a weaker rand bolstered the platinum price.

 
Mining

Implats rehires fired workers

Feb 15 2012 11:35

The National Union of Mineworkers says Impala Platinum has taken back a large number of the 17 200 workers fired from its Rustenburg plant for illegal strikes.

Mining

AngloGold Q4 earnings stumble on costs

Feb 15 2012 10:05

AngloGold Ashanti, the world's third-largest gold producer, reported an unexpected drop in fourth-quarter earnings, hit by higher costs and a lower gold price.

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For detailed Unit Trust information, click here.
Tech Tonic - The real problem with job creation
Feb 21 2012 12:46

Anthony De Rosa sits down with Venture for America founder and CEO, Andrew Yang, to talk about the real issues in job creation.

Sasha

"It sounds much cleverer to be bearish, it makes it sound like you know something about the future that nobody else does. ... The reason why the economy does better, businesses do better, people innovate and companies make more money than the previous year (and their share prices go up) is because ... Read their blog...

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