27th Jul 2010 10:45
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0945 GMT [Dow Jones] Goldman Sachs increases Anglo American (AAL.LN) price target to 4480p from 4085p, reflecting the subs
Read more26th Jul 2010 13:45
("=3rd UPDATE: Angloplat 1H Net Up 15%, But Still No Dividend" published at 1024 GMT misstated the year-earlier revenue figure in the fourth paragraph. The correct version follows:) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--Anglo Platinum Ltd. (AMS.JO), the worl
Read more26th Jul 2010 10:52
(Adds details, background.) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--Anglo Platinum Ltd. (AMS.JO), the world's largest producer of the metal, said Monday its profit for the first half of the year was boosted by a stronger price for its metals that offset a fall
Read more26th Jul 2010 09:13
(Adds details, company comments.) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--Anglo Platinum Ltd. (AMS.JO), the world's largest producer of the metal, said Monday its profit for the first half of the year was boosted by a stronger price for its metals that offset
Read more26th Jul 2010 07:18
By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--Anglo Platinum Ltd. (AMS.JO), the world's largest producer of the metal, said Monday its half-year net profit jumped 15% as it benefited from increased platinum prices. Net profit rose to 3.29 billion rand ($443.3 millio
Read more26th Jul 2010 07:15
LONDON (Dow Jones)--Anglo American PLC (AAL.LN) said Monday it will report underlying earnings in respect of Anglo Platinum Limited of $222 million for the six months ended June 30, which takes into account certain adjustments. -Anglo American Shares closed Friday at 2522.5 pence. By Iain
Read more23rd Jul 2010 21:50
By Adam Cancryn Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed slightly higher Friday after just seven of the 91 European banks involved in stress tests were deemed in need of additional capital. The Bank of New York index of ADRs closed u
Read more23rd Jul 2010 15:21
(Adds comment from De Beers on CEO succession.) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--The chief executive officer of diamond producer De Beers SA said Friday he is stepping down after helping guide the company through the global recession that ate into deman
Read more23rd Jul 2010 11:36
(Adds CEO comments to Dow Jones Newswires.) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--The chief executive officer of diamond producer De Beers SA said Friday he is stepping down after helping guide the company through the global recession that ate into demand fo
Read more23rd Jul 2010 11:21
By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--De Beers SA, the world's largest producer of uncut diamonds, would again consider selling its Namaqualand mine in South Africa as the market recovers from the effects of the global financial crisis. Gareth Penny, the com
Read more23rd Jul 2010 09:17
By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--De Beers SA Chief Executive Gareth Penny said Friday the diamond producer's recovery from last year's recession and his own age played a role in his decision to step down after five years in the role and 22 years at the comp
Read more23rd Jul 2010 08:21
(Adds details, CEO comment.) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--The chief executive officer of diamond producer De Beers SA said Friday he is stepping down after helping guide the company through the global recession that ate into demand for luxury goods
Read more23rd Jul 2010 07:25
By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--De Beers SA, the world's largest producer of rough diamonds, Friday reported a more than doubling in output in the first half of the year and said that although the global economic climate remains fragile, it has been encour
Read more22nd Jul 2010 17:07
By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--South Africa's government plans to investigate an interim resolution to what had become an increasingly antagonistic pricing dispute between the country's largest steel producer and largest iron ore supplier. Critical is
Read more22nd Jul 2010 09:41
(Adds analyst comment on benefit to Kumba.) By Devon Maylie Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Kumba Iron Ore Ltd. (KIO.JO) said Thursday that it settled on an interim price agreement with ArcelorMittal South Africa Ltd. (ACL.JO) for the delivery of iron ore while a dispute over
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