The Mines community of Zimbabwe

AngloGold's focus on cutting costs

Tue, 14 May 2013 12:30:00 +0200

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).
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IMF forecasts 'solid growth' for Africa

Wed, 17 Apr 2013 09:47:00 +0200

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).
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Africa needs economic integration

Wed, 27 Mar 2013 09:40:00 +0200

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).
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Norton Rose tells insurers to tread carefully in Africa

Wed, 20 Mar 2013 09:25:00 +0200

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.
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Coal mining resumes at Benga

Thu, 07 Mar 2013 11:23:00 +0200

Eqstra Holdings will resume its contract mining operations at Rio Tinto's Benga coking coal project in Mozambique on Thursday (7 March) and will be paid compensation after Rio halted mining last month.
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Minister 'made mistake' says Mugabe

Tue, 05 Mar 2013 11:10:00 +0200

Zimbabwe President Robert Mugabe said his minister in charge of indigenisation, Saviour Kasukuwere, had made a "mistake" in striking an R8.3bn empowerment deal with Impala Platinum and he questioned whether the company should be paid for transferring a 51% stake to local owners.
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Anglo American earnings down 55%

Mon, 18 Feb 2013 10:27:00 +0200

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.
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SA's labour militancy hurts Botswana

Sat, 16 Feb 2013 13:03:00 +0200

President Ian Khama of Botswana says labour militancy in South Africa and port congestion at Durban are putting bilateral trade in jeopardy.
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Zimbabwe to seize land from mining company

Wed, 13 Feb 2013 11:20:00 +0200

The Zimbabwean government will seize nearly 28ha of land leased by platinum miner Zimplats, in a fresh drive to re-allocate assets to local business, the mining minister, Obert Mpofu, said on Tuesday (12 February).
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Regional plan to boost copper exports

Mon, 14 Jan 2013 11:32:00 +0200

Transnet Freight Rail hopes to finalise an agreement next month on rail co-operation between South Africa‚ Zambia‚ Zimbabwe and the Democratic Republic of Congo‚ allowing the copper-rich countries to increase exports through Durban.
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