R/€ = 13.14
R/$ = 11.57
Au 1285.85 $/oz
Pt 1260.00 $/oz
Nov 04, 2014
South Africa's fiscal policies lifted 3.6-million people out of poverty in 2010/11, a World Bank report has found. The South African Economic Update, released on Tuesday, found South Africa's fiscal policies are cutting the rates of poverty and inequality, and that...
Aug 08, 2014
Frozen potato chips safeguard On July 25, the South African Revenue Service (Sars) imposed a final (definitive) safeguard on frozen potato chips (or French fries), classifiable under tariff subheading 2004.10.20, through two Government Gazette notices. The safeguard...
Nov 28, 2013
Dual listed OceanaGold has completed a plan of arrangement for TSX-listed Pacific Rim Mining, after the latter company’s shareholders voted in favour of the move. Last month, OceanaGold announced its plans to acquire all the common shares of Pacific Rim by trading...
Nov 13, 2013
Copper prices will not suffer significantly from what is expected to be a modest global surplus next year, the CEO of the world's No 1 producer of the metal told Reuters on Tuesday. "We're expecting that we'll surely have a small metal surplus, but at relatively...
Oct 09, 2013
Dual listed OceanaGold Corporation has launched a takeover of TSX-listed Pacific Rim Mining, to gain hold of the El Dorado gold project, in El Salvador. OceanaGold plans to acquire all the common shares of Pacific Rim by trading 0.04006 of a share for each Pacific...
Jul 31, 2013
Bringing improved maintenance services for A320 family operators in Latin America
Jul 19, 2013
National Treasury issued a media statement on July 5 extending an invitation to interested parties to submit comments by August 5 on the Draft Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill 2013.
Sep 26, 2012
Toronto-listed gold producer OceanaGold had entered into a private placement with fellow-listed explorer Pacific Rim Mining (PacRim), which would see OceanaGold pay a 25% premium for a portion of PacRim’s shares. PacRim, which is developing the high-grade El Dorado...
Nov 26, 2010
Aug 06, 2010
Canadian firm Pacific Rim Mining this week claimed a small victory in its arbitration against the El Salvadorian government, but President Mauricio Funes has been quoted as saying that he plans to stop mining in the country altogether. “Funes has announced he...
May 31, 2010
A hearing began on Monday in an arbitration case brought by Pacific Rim Mining against the government of El Salvador, the company reported. The hearing, on the preliminary objection filed by the government in relation to the action brought by Pacific Rim, is...
Nov 20, 2009
An arbitration case brought by Pacific Rim Mining against the government of El Salvador will move ahead, as the arbitration tribunal has now been constituted, the company reported on Thursday. Pacific Rim embarked on arbitration proceedings because of the...
Apr 27, 2009
Aim-listed Condor Resources believes that there is a link between shell company Classdrive plc, which has indicated it may offer to buy Condor, and a requisition received last month for an extraordinary general meeting, the firm said on Monday. Condor is trying to...
Feb 12, 2009
Vancouver-based Pacific Rim Mining will defer the completion of a feasibility study for its El Dorado project, because of volatility in the capital cost estimates, as well as permitting uncertainty, the firm announced on Thursday. Pacific Rim will conserve its cash...
Nov 28, 2008
The project will see the construction of a new hydroelectric power plant with an output capacity of 66 MW and will include.
Jul 23, 2008
TSX- and ASX-listed Intrepid Mines is working on the design and procurement of key equipment for its Casposo gold/silver project, in Argentina, and expects construction to get under way in the second quarter of 2009, CFO Steve Smith said this week. Production at...
Jul 03, 2008
Shares in Vancouver-based Pacific Rim Mining fell 34,18% on Thursday, after the company said that it had begun scaling back operations at its gold projects in El Salvador, and would halt drilling until it was awarded a long-awaited mining permit for its El Dorado...
Sep 06, 2006
While Africa, for the first time, made it to the top three reforming regions in the International Finance Corporation's (IFC's) 'Doing Business' report, South Africa slipped one place to number 29 on the list of the top economies on the ease of doing business....
Jun 23, 2006
AES is one of the world’s largest global power companies, generating and distributing electric power to millions of people in 26 countries on 5 continents.
Nov 10, 2004
The World Trade Organisation (WTO) Committee on Subsidies and Countervailing Measures last week extended by another year, until end 2005, the transition period for the elimination of export subsidy programmes of 19 developing countries under the implementation...
Mar 16, 2004
The White House is pushing Congress to approve a new free trade agreement with Australia this year, but not a more controversial pact with five Central American countries, a lawmaker said on Friday.
Dec 10, 2003
The recently-established developing-country negotiating bloc – formed, earlier this year, ahead of the World Trade Organisation (WTO) ministerial meeting in Cancun, Mexico – will meet in Brasilia, Brazil, on Friday in a bid to map out a common position...
Dec 08, 2003
The very ferocity – and irrationality – of the US reaction to the Group of Twenty (G20) developing countries is testimony to the effectiveness of this alliance in challenging, nay, changing, the relations of power within the global trading system.
Dec 05, 2003
The G20 developing countries have rebalanced world trade talks by their successful resistence to EU & US attempts to to protect their agricultural sectors within the WTO.
Sep 22, 2003
South Africa’s minister of Trade & Industry Alec Erwin yesterday announced that an informal ministerial-type meeting would be held this December between countries with particular agriculture interests to further advance progress made at the failed Word Trade...
Sep 19, 2003
The South African trade representatives to the World Trade Organisation (WTO) ministerial meeting in Cancun, Mexico, believe that the consensus was within reach when chairperson Luis Ernesto Derbez decided to call a halt to proceedings on Sunday afternoon.
Sep 11, 2003
Mexican President Vicente Fox opened the Fifth World Trade Organisation (WTO) Ministerial Conference in Cancun yesterday, and the developing country alliance, of which South Africa is part, began to exert its influence over proceedings.
Apr 25, 2003
BRAZIL has firmly denied reports that it is to build three plants in Africa to manufacture generic antiretroviral (ARV) drugs, but is willing to supply the technology to existing plants.
Mar 28, 2003
The South African National Cleaner Production Centre (NCPC) has been inaugurated in February.
Jan 28, 2003
The United States and five Central American countries began talks Monday on a free trade argreement, which would eliminate tariffs and other barriers to trade in goods, agriculture, services, and investment.
Jan 24, 2003
The South African Customs Union (Sacu), which announced last week that it was pursuing free-trade agreements (FTAs) with the world’s largest economy, could have as many as five FTAs in place by the time the US deal is concluded at the end of 2004.
Jan 14, 2003
Formal talks will begin next month between the world’s largest economy, the US, and the Southern African Customs Union (Sacu) for the creation of a comprehensive free trade agreement (FTA) covering all aspects of trade from agriculture to services.