Archive for December, 2009
« Previous EntriesAngloGold, Randgold increase interest in Moto project
Wednesday, December 23rd, 2009AngloGold Ashanti announced in a statement yesterday that, together with Randgold Resources, it has completed the transaction to acquire a further 20% stake in the Kibali Gold Project (formerly the Moto Gold Project).
OPEC agrees to maintain current output
Tuesday, December 22nd, 2009At the 155th meeting of the Organization of Petroleum Exporting Countries (OPEC) Conference held on Tuesday in Luanda, Angola, the organisation agreed to keep production targets at their current level and maintain quotas at 24.845 million barrels a day.
Golden Star Resources announces completion of bond issue
Friday, December 18th, 2009Golden Star Resources announced yesterday that they have successfully closed their previously announced offering of 20 million common shares.
Pick n Pay strike saga gets uglier
Thursday, December 17th, 2009SA retailer Pick n Pay chairman Raymond Ackerman has blasted allegations of racism within the company, insisting that while the company was “not perfect”, its anti-apartheid record spoke for itself.
Standard Bank announces carbon agreement
Thursday, December 17th, 2009In an emailed statement, Standard Bank announced today that it has signed an agreement with China’s GD Power Development Co Ltd (Guodian Power) for a carbon emission reductions purchase from three hydropower projects in China.
Africa investor confirms Zambian Minister of Tourism, Environment and Natural Resources for its Tourism Investment Summit in Harare
Tuesday, December 15th, 2009Harare, Lusaka, Johannesburg, 15 December 2009:
Australia to provide Zimbabwe with $5 million
Tuesday, December 15th, 2009The Sydney Morning Herald reported yesterday that Australia will provide Zimbabwe with $5 million in business grants.
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