Industries

Question marks over gold, platinum markets

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Posted by admin 91 days ago (http://www.miningmx.com)

There were words of caution aplenty for investors in the precious metals industry at the Investing in Mining Indaba recently in Cape Town.

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south-africa | Industries | question marks gold platinum markets All

Amplats flexible on shape of restructuring

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Posted by admin 93 days ago (http://www.miningmx.com)

Anglo American Platinum CEO, Chris Griffith, said the firm's restructuring may be different from announced but the aims of the production cuts would be the same.

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All eyes on South Deep as Gold Fields sets stall

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Posted by admin 94 days ago (http://www.miningmx.com)

South Deep needed to put in a big shift in Gold Fields' 2013 financial year as the newly formed firm set out to make good on its new high margin credentials.

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Gordhan to lead tax, royalties review: Zuma

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Posted by admin 94 days ago (http://www.miningmx.com)

South African president, Jacob Zuma, said in his State of the Nation address that a review of the country's tax regime would begin this year, including mining royalties.

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Implats may raise $500m as cash diminishes

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Posted by admin 95 days ago (http://www.miningmx.com)

Impala Platinum looked to secure finance for its Rustenburg projects as its cash balance fell about R2.9bn year-on-year.

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Loss-making Amplats short on wriggle room

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Posted by admin 95 days ago (http://www.miningmx.com)

It's debatable how much Anglo American Platinum can achieve to lessen the blow of its loss-making shafts; the fact is, the company is in some distress.

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CoAL buys crucial time in year of headwinds

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Posted by admin 96 days ago (http://www.miningmx.com)

The $100m capital injection from China's BHE is a crucial moment for Coal of Africa in a year of likely mediocre coal prices and rumblings from environmentalists.

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Eskom must be allowed to earn profit: Eberhard

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Posted by admin 96 days ago (http://www.miningmx.com)

Past electricity tariff increases given to Eskom were justified, said Anton Eberhard who added the utility was required to make a profit for its own capital requirements.