South African Stocks: Anglo and Billiton
Platinum – Bloomberg reported the FTSE/JSE Africa All Share Index closed at its highest since July 27, advancing 613.10, or 2 percent.
Articles Tagged "anglo"
South African Stocks: Anglo, BHP Billiton, Harmony, Jubilee
Platinum – Bloomberg reported the FTSE/JSE Africa All Share Index declined 295.56, or 1 percent, to 30,834.39.
Anglo Bid to Boost Copper, Iron Ore Output Hit By Southern Hemisphere Rain
Iron – Bloomberg reports that Anglo American Plc (LON:AAL,PINK:AAUKY) posted declines in output of copper, coal and iron-ore in the first quarter as heavy rain hindered expansion plans.
De Beers Spent $43.4 Million on Gem Exploration
Diamond – Bloomberg reported that Anglo's De Beers invested $43.4 million on exploration for gems in 2010.
Sterlite Buys Anglo’s Zinc Assets
Zinc – Mining Weekly reports that Vedanta Resources-owned Sterlite Industries (NYSE:SLT) has confirmed the completion of a $348-million acquisition for a 74% interest in zinc producer Black Mountain Mining. The article states that: Chairperson Anil Agarwal said that the acquisition would consolidate Vedanta’s position as the world’s largest integrated zinc/ lead producer with significant reserves and resources of [...]
Will diamond recover by 2010?
Can the diamond market look forward to a complete recovery by end-2010? There are some in the sector who express confidence that the worst is over, and that prices for uncut as well as polished, have bottomed out. 2010 looks good, they say. Yet there are others who differ in opinion. Like in the case [...]
Gold Too Hot?
Gold Investing News reports gold stocks leave gold investors in a frenzy despite gold prices reaching above $1,000 mark. Why the frenzy? Is it a mere bubble? What is behind the volatile rise in prices? There appear to be too many questions and too little answers. For sure, there is intense interest among the world’s [...]
Mindoro – At the Forefront in the Philippines
Gold Investing News reports Mindoro, focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata North nickel-cobalt project and on both its Lobo (SWB) and Archangel (Kay Tanda) gold-silver projects. Mindoro has identified 22 [...]
Iron Market: heading for a glut?
Iron Investing News reports iron market moving towards a gloomy start. “We need to recognise the fundamentals of the market. The market would show that it does need a downward adjustment this year,” said Sam Walsh, head of Rio’s iron ore division. But given the potential for a recovery in industrial demand at some stage [...]
Gold Price Swings After G20 Meet
Gold Investing News reports gold lost about 4% after G20 meet. “High gold prices and extreme volatility in prices are affecting us,” said Joy Alukkas, chairman of Joyalukkas Group, a leading India-based gold and diamond retail chain with 40 major outlets across the world. He said the March 2009 earnings of Joyalukkas Group had fallen [...]
