R/€ = 17.30 Change: -0.03
R/$ = 14.85 Change: -0.03
Au 1793.04 $/oz Change: -1.08
Pt 1043.50 $/oz Change: -19.00

Martin Czernowalow

Gold-miner confident of rising from mine-liquidation ashes

29th April 2005 Marginal gold-miner DRDGold says that remedial actions taken during the last quarter, coupled with a continued turnaround at Byvooruitzicht mine, have established a sound platform for the company’s recovery and future growth. 

Gold Fields uses strong results as stick to hit at Harmony

29th April 2005 South African gold major Gold Fields yesterday again came out strongly against smaller rival Harmony Gold's hostile all-share takeover bid, ahead of the next round of legal wrangling between the two companies set for next week. 

Aquarius' Everest project remains on track

27th April 2005 Precious-metals producer Aquarius Platinum has reported that the construction of its Everest South mine is proceeding as planned and should achieve full production in 2006. 

NUM-Harmony set for Labour Court showdown

26th April 2005 South African gold-miner Harmony and the National Union of Mineworkers (NUM) are set for a showdown in the Labour Court today, as the union attempts to halt retrenchments at the company's Free State operations. 

Power distributors to fund infrastructure maintenance

25th April 2005 South Africa's National Electricity Regulator (NER) on Friday published the country's second National Integrated Resource Plan (NIRP) – an independent information source for stakeholders and decision-makers for insuring security of energy supply in the country. 

Joburg downplays Huddle Park controversy

22nd April 2005 The Johannesburg City Council yesterday strongly downplayed suggestions of irregularities and foul play in the proposed R1,6-billion Huddle Park development. 

DRDGold claims it will rise from mine-liquidation ashes

22nd April 2005 Marginal South African gold-miner DRDGold yesterday said that remedial actions taken during the past quarter, coupled with a continued turnaround at the South African operations' Byvooruitzicht mine, have established a sound platform for the company's recovery and future growth. 

Construction sector draft BEE scorecard released

21st April 2005 A draft black-economic empowerment (BEE) scorecard was yesterday released for industry comment by the steering committee responsible for driving the construction industry broad-based BEE charter process. 

African power market a 'new frontier'

20th April 2005 Africa's power market is a “new frontier” to be exploited and unlocked, and can generate enormous growth for the continent once it begins to attract investment, a high-level speaker told the Pan African Power Congress yesterday. 

NUM to apply for interdict against Harmony today

20th April 2005 The National Union of Mineworkers (NUM) is hopeful of obtaining a court interdict against gold-miner Harmony today, to stop the company from retrenching more than 4 900 workers at its Free State operations. 

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