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reuters

Rugby-All Blacks skipper McCaw prioritises substance over style

14 September 2012 By admin

Sept 14 (Reuters) - Despite lifting the World Cup, enjoying a 13-match winning run and on target to claim the inaugural Rugby Championship title, New Zealand captain Richie McCaw found himself countering criticism over his side's lack of style. Three wins from three put the All Blacks on top of the pile ahead of their test against South Africa in Dunedin on Saturday but … [Read more...] about Rugby-All Blacks skipper McCaw prioritises substance over style

S.Africa’s 3-month T-Bill avg yield lower at 4.99 pct

14 September 2012 By admin

JOHANNESBURG, Sept 14 (Reuters) - South Africa sold 2.685 billion rand ($326 million) worth of three-month Treasury Bills on Friday at an average yield of 4.99 percent, compared with 5.01 percent last week. However the bid-to-cover ratio dipped to 3.1 from 3.5. Auction date: 14-09-2012 Settlement date: 19-09-2012 Days 91 182 … [Read more...] about S.Africa’s 3-month T-Bill avg yield lower at 4.99 pct

Asia Coal-Australia coal price index dips on supply glut

14 September 2012 By admin

PERTH, Sept 14 (Reuters) - Australia's thermal coal price benchmark fell to just over $91 per tonne in the last week as ample supplies and continued weak demand from China and other buyers weighed on prices. Australia's Newcastle spot index for the week closed at $91.01 per tonne on Thursday, down 72 cents from the same time last week, according to data provided by … [Read more...] about Asia Coal-Australia coal price index dips on supply glut

S.Africa mine unrest could hit economy hard

14 September 2012 By admin

PRETORIA, Sept 14 (Reuters) - Labour unrest sweeping through South Africa's mining sector could be "extremely damaging" for the economy, Finance Minister Pravin Gordhan conceded on Friday. Gordhan's comments are a shift in tone from last week, when he told a joint government and IMF briefing that the violence was not likely to affect growth in "any significant way". … [Read more...] about S.Africa mine unrest could hit economy hard

Zambia to invest $120 mln in key copper railway line

14 September 2012 By admin

LUSAKA, Sept 14 (Reuters) - Zambia will invest $120 million to revamp a railway line linking Africa's top copper producer with South Africa to move transport from road to rail, its finance minister said on Friday. Zambia exports the bulk of its copper through the port of Durban in South Africa, but most mining companies transport the metal by road because railway transport … [Read more...] about Zambia to invest $120 mln in key copper railway line

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