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AngloGold's focus on cutting costs
[Allan Seccombe] AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May). 14 May 2013 12:30
State should own 50% of all Africa's mines
[Paul Vecchiatto] African governments should own at least a 50% of any new mining venture in order to ensure that the country gets more of the revenue from mining projects. 13 May 2013 14:21
Billions must be spent on railways in Africa
Africa will need to spend more than US$50bn in the next decade on building 4,000km of additional rail infrastructure to unlock the mineral resource potential on the continent. 22 Apr 2013 07:35
Shipping vital for international trade
[Helmo Preuss] Two conferences held in Cape Town last week highlighted the fact that about 90% of all trade between countries is shipped by sea. 22 Apr 2013 10:00
IMF forecasts "solid growth" for Africa
Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April). 17 Apr 2013 09:47
Africa needs economic integration
[Mariam Isa] African countries must integrate their economies in order to support a new wave of industrial development across the continent‚ Department of Trade and Industry Minister Rob Davies said Tuesday (26 March). 27 Mar 2013 09:40
Norton Rose tells insurers to tread carefully in Africa
[Phakamisa Ndzamela] Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments. 20 Mar 2013 09:25
Anglo American earnings down 55%
Resources group Anglo American PLC reported a 55% decline in underlying earnings per share to US 2.26 cents for the year ended December from 5.06 cents a year ago. 18 Feb 2013 10:27
Gold Fields cuts marginal mines
[Allan Seccombe] Fresh from spinning out 1.4-million ounces of production into a new company‚ Gold Fields has stripped another 100‚000oz of gold from its portfolio as it narrows its focus to profitable operations. 15 Feb 2013 09:06
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