Anglo Platinum's 2009 earnings to take a knock

South Africa’s Anglo Platinum (Angloplat), the world’s largest producer of the precious metal, expects to report significantly lower full-year earnings when it releases its 2009 results early next month. The company warned shareholders on...

Gold shares to outshine platinum shares, Zim central bank moots mining overhaul, manganese smelter to close for two months

South African gold shares are poised to outdo South African platinum shares in the first half of 2009, Royal Bank of Canada Europe analysts Leon Esterhuizen, Arnold van Graan and Yuen Low calculate.

Real Economy Report

This is the Real Economy Report. Our top stories this week: we report on South African involvement in Europe's giant $6,6-billion super-experiment, the Large Hadron Collider; an update on the Gauteng Freeway Improvement Project; and we witness a...

Petra Diamonds digs in at Cullinan, De Beers 
inspires with stirring oratory

Christmas sales of diamond jewellery have been disappointing, says Royal Bank of Canada Europe diamond analyst Des Kilalea.

Major retail chain Tiffany’s sales were 35% down and virtually all luxury-goods retailers mirrored Tiffany’s poor...

SA gold shares to outshine platinum shares, says Royal Bank of Canada

South African gold shares were poised to outdo platinum shares in the first half of 2009, Royal Bank of Canada Europe analysts Leon Esterhuizen, Arnold van Graan and Yuen Low said on Monday. In an 11-page analysis, the analysts identified a clear...

Strong poised to grow stronger as platinum industry mulls consolidation

On the one hand, the National Union of Mineworkers (NUM) president Senzeni Zokwana is calling for the creation of a State-owned platinum mining company, and on the other are an acquisitive Impala Platinum and an emerging Xstrata Resources, both...