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reuters

Euro Coal-S.African prices fall again close to 2-yr lows

25 September 2012 By admin

* Oil fall pulls coal down by 50c/T * Macro woes, lack of end-user buying weigh on prices LONDON, Sept 24 (Reuters) - Pressure increased on prompt South African coal prices on Monday as the market fell in line with oil's 1 percent drop and buyers backed away, scenting further weakeness. Oil fell by $1.64 a barrel to $109.78 earlier on Monday, pulling down other … [Read more...] about Euro Coal-S.African prices fall again close to 2-yr lows

COLUMN-U.S., China climate standoff returns: Gerard Wynn

25 September 2012 By admin

By Gerard Wynn LONDON, Sept 24 (Reuters) - Major developing countries have dampened prospects for agreement on international carbon emissions reduction targets by insisting on distinguishing between the responsibilities of industrialised and emerging economies to act on climate change beyond 2020. At a meeting in Durban, South Africa, last December, ministers agreed … [Read more...] about COLUMN-U.S., China climate standoff returns: Gerard Wynn

Rugby-Morne Steyn gets backing as injuries trouble South Africa

25 September 2012 By admin

By Ken Borland PRETORIA, South Africa, Sept 24 (Reuters) - South Africa's under-fire flyhalf Morne Steyn could keep his place in the side to face Australia on Saturday in the Rugby Championship following injuries to Francois Steyn and Johan Goosen. Morne Steyn missed 11 points with wayward kicks when South Africa lost 21-11 to the All Blacks in Dunedin on Sept. 15 but … [Read more...] about Rugby-Morne Steyn gets backing as injuries trouble South Africa

COMMODITIES-Markets tumble as growth fears return

25 September 2012 By admin

* Weak German data, euro zone crisis re-ignite growth fears * Crude oil down more than 1 percent * Copper at one-week low; gold slips from 6-1/2-month top * Soybeans at lowest levels since mid-August By Barani Krishnan NEW YORK, Sept 24 (Reuters) - Commodities fell back Monday, resuming last week's downtrend, after disappointing German economic data and … [Read more...] about COMMODITIES-Markets tumble as growth fears return

Forbes Coal to acquire two South African mines from Rio Tinto

25 September 2012 By admin

Sept 24 (Reuters) - Forbes Manhattan Coal Corp said on Monday it plans to acquire two South African coal mines from a unit of Rio Tinto in a bid to boost its output and enlarge its footprint in Africa. Forbes will acquire 74 percent of the Zululand Anthracite Colliery (ZAC), a producing anthracite mine, and the Riversdale Anthracite Colliery (RAC), an undeveloped … [Read more...] about Forbes Coal to acquire two South African mines from Rio Tinto

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