GOLD & SILVER
Gold poised to break through $1,000
 Posted: 23 Feb 2009 - | The chances of gold surging above $1,000/oz in the next few months are good given the continued turbulence in financial markets and a potential inflation spiral.

 MINING FINANCE
SA Breweries overtakes Anglo
 Posted: 23 Feb 2009 - | South Africa's beer company SABMiller has pushed the once dominant Anglo American into third place on the Johannesburg bourse.

DIAMONDS
Petra forges ahead on growth plans
 Posted: 23 Feb 2009 - | Petra Diamonds is steaming ahead on its plans to be a million carat/year producer despite other companies cutting back on rough diamond output in a depressed market.

 
 

23/02/2009 : IMPLATS CHOPS OUTPUT TARGETS - Brendan Ryan
23/02/2009 : CHROMETCO RESTRUCTURES BOARD - SENS
23/02/2009 : GLOBAL CRISIS BITES AT ANGLO - Allan Seccombe
23/02/2009 : GLOBAL CRISIS BITES AT ANGLO - Allan Seccombe
23/02/2009 : JOB CUTS ILLEGAL, SAYS MINISTER - BLOOMBERG
23/02/2009 : IMPALA PLATINUM GAINS 1.75% - REUTERS
23/02/2009 : ANGLOGOLD ASHANTI PICKS UP 3.02% - REUTERS
23/02/2009 : HARMONY ADDS 1.73% - REUTERS
23/02/2009 : ANGLO AMERICAN PLUNGES 15.89% - REUTERS
20/02/2009 : IMPALA PLATINUM DROPS TARGETS - Brendan Ryan
20/02/2009 : ANGLO AMERICAN SUSPENDS DIVIDEND PAYOUTS - Allan Seccombe
20/02/2009 : AEGON UK NOTIFIES OF CHANGES IN INTEREST - SENS
 
  MINING FINANCE
Motsepe ups ante with acquisition talk
 Posted: 23 Feb 2009 - | Patrice Motsepe, ARM's chairman, said now was the time to buy assets even as the mining industry unveiled retrenchments, cutbacks and sketched a dim future for resources.

MINING FINANCE
Ferrochrome stocks to shrink by end-2009
 Posted: 23 Feb 2009 - | UPDATED - Ferrochrome producer International Ferro Metals Limited estimates that industry stocks could normalise towards the end of 2009. It's not saying when it will restart its suspended furnaces.

MINING FINANCE
ARM extends headline earnings
 Posted: 23 Feb 2009 - | African Rainbow Minerals reported a 201% increase in headline earnings and is targeting to have its operations amongst the lowest cost producers by 2012.

DIAMONDS
De Beers suspends mines
 Posted: 20 Feb 2009 - | UPDATED - De Beers’ results for 2008 paint a dire picture with the Debswana mines all on care and maintenance and predictions that the group may chop production by up to 40% this year.

 


 

  Signs of investor panic drives gold | Posted : Fri, 20 Feb 2009
  Anglo forecasts a bleak 2009 | Posted : Fri, 20 Feb 2009
  Anglo halts dividends, cuts 19,000 jobs | Posted : Fri, 20 Feb 2009
  Implats chops production targets | Posted : Thu, 19 Feb 2009
  Mvela Resources will cease to exist | Posted : Thu, 19 Feb 2009
  Mvela restructures R2.1bn debt | Posted : Thu, 19 Feb 2009
  Implats cuts dividend, capex slashed | Posted : Thu, 19 Feb 2009
  Record high gold price boost for SA miners | Posted : Wed, 18 Feb 2009
  Simmers to more than double gold output | Posted : Wed, 18 Feb 2009
  Aquarius makes equity offer for Ridge | Posted : Wed, 18 Feb 2009