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Latest South Africa Precious Metals News

  • Lonmin's biggest investor rebuffs Xstrata 20 Aug 2008 17:31 GMT
    ... Published: August 7 2008 20:14 | Last updated: ... ’s hostile offer, which values the London-based platinum producer at £5bn. The investment group, which ... on the current volatility in financial and metal markets.” ...

  • Rival trumps Xstrata bid for Indophil 20 Aug 2008 17:30 GMT
    ... Published: August 20 2008 18:01 | Last updated: ... effort to gain control of the Tampakan copper-gold project in the Philippines, in which Xstrata owns ... £5bn hostile takeover bid for Lonmin, the platinum miner. The group is planning to formally ...

  • Despite loss, du Toit inspires in debut 20 Aug 2008 15:51 GMT
    ... Amputee swimmer Natalie du Toit prepares for the ... finished 16th, more than a minute behind gold medalist Larisa Ilchenko of Russia. I tried my ... and goggles, leaning over tenuously with her metal prosthetic sticking out to the side, serving ...

  • Booysendal to lift Northam into platinum big league 20 Aug 2008 15:32 GMT
    ... to more than double production of the precious metal by partly acquiring the vast Booysendal ... project would help lift production of platinum, palladium, rhodium and gold to a combined total of more than ...

  • Hip-Hop's Cash Kings 2008 20 Aug 2008 15:31 GMT
    ... It's been some year for Shawn "Jay-Z" Carter. In the past ... the Brooklyn, N.Y.-born hip-hop demigod released a platinum album, signed a 10-year, $150 million deal ... record. But only good enough for a silver medal. While Jay-Z topped Forbes.com's inaugural Hip-Hop Cash ...

  • Platinum to fall short 20 Aug 2008 15:31 GMT
    ... NEW production of platinum group metals will fall substantially short of recent calls, mining industry veteran Brian Gilbertson forecast yesterday. ...

  • Gold Firm on Inflation Spurt 20 Aug 2008 14:59 GMT
    ... SPOT GOLD PRICES recovered one-half of an early 1.5% dip ... uncertainty – should focus investors' attention on precious metal market developments." Government bond yields held flat ...

  • While Jay-Z topped Forbes.com's inaugural Hip-Hop Cash Kings list of the top-earning people in the business last year, in 2008 he cedes the throne to Curtis "50 Cent" Jackson. 20 Aug 2008 14:26 GMT
    ... The new king of hip-hop wealth banked $100 million after ... plus films, videogames and a slew of platinum albums, including last year's Curtis. Also in ... year's Curtis. Also in the works: a mining partnership with South African billionaire Partrice Motsepe. ...

  • Hip-hop's cash kings 20 Aug 2008 14:20 GMT
    ... The new king of hip-hop wealth banked $100 million after ... plus films, videogames and a slew of platinum albums, including last year's Curtis. Also in ... year's Curtis. Also in the works: a mining partnership with South African billionaire Partrice Motsepe. ...

  • The life of Brian 20 Aug 2008 14:17 GMT
    ... ] -- YOU'VE got to hand it to Brian Gilbertson: ... meeting, he was trying to merge Impala Platinum with Lonmin, another potential blockbuster. That particular ... mission failed, but Gilbertson was next reversing gold assets out of Gengold and GFSA - Remgro ...

  • Get real - there is no power 20 Aug 2008 14:17 GMT
    ... Get real - there is no power ] -- JUDGING ... straight-talking Stuart Murray, the CEO of Aquarius Platinum. He told his shareholders recently that, this ... and pulled the plug on the countrys mining industry. Back to Coega. I wrote in ...

  • Hip-Hop's Cash Kings 2008 20 Aug 2008 14:15 GMT
    ... It's been some year for Shawn "Jay-Z" Carter. In the past ... the Brooklyn, N.Y.-born hip-hop demigod released a platinum album, signed a 10-year, $150 million deal ... record. But only good enough for a silver medal. While Jay-Z topped Forbes.com's inaugural Hip-Hop Cash ...

  • Etruscan's Youga Mine projected to be cash positive in August 20 Aug 2008 13:31 GMT
    ... Etruscan's Youga Mine projected to be cash positive in ... Inc. (EET.TSX) reported today that its Youga Gold Mine located in Burkina Faso, West Africa ... commercial production, strategic plans, market price of precious metals or other statements that are not ...

  • Safety audit report to be released 'soon' ' DME 20 Aug 2008 13:31 GMT
    ... Government has completed audits on all the 300-plus ... workers were trapped underground at a Harmony Gold mine. During 2007, more than 200 workers died ... produces more than 70% of the world’s platinum, and is the globe’s second-biggest source of ...

  • Safety audit report to be released 'soon' ' DME 20 Aug 2008 13:27 GMT
    ... Government has completed audits on all the 300-plus ... workers were trapped underground at a Harmony Gold mine. During 2007, more than 200 workers died ... produces more than 70% of the world’s platinum, and is the globe’s second-biggest source of ...


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