HYDERABAD, India Aug 24 (Reuters) - Gold imports to India, the world's biggest consumer, are likely to fall by as much as 26 percent, or by 200 to 250 tonnes, in 2012 as record high prices hit the budgets of consumers, said the head of Thomson Reuters GFMS on Friday. The south Asian country had imported a record 969 tonnes of the yellow metal in 2011 but higher import … [Read more...] about India’s 2012 gold imports may drop 26 pct- GFMS head
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BRIEF-Basil Read H1 diluted headline EPS at 14.75 cts
JOHANNESBURG Aug 23 (Reuters) - Basil Read Holdings Ltd : * Says H1 revenue up 13 percent to R3,3 billion * Says H1 diluted headline EPS at 14,75 cts versus 75,21 cts * Says remains committed to growth, underpinned by a strong order book and effective management teams * Says decided not to declare an interim dividend © Thomson … [Read more...] about BRIEF-Basil Read H1 diluted headline EPS at 14.75 cts
UPDATE 1-S.Africa GDP to slow, unemployment unsustainable-IMF
(Adds details, quotes, background) JOHANNESBURG Aug 23 (Reuters) - South Africa's economic growth is likely to moderate in 2012 due to weak external conditions and global uncertainty, the International Monetary Fund said on Thursday, adding monetary policy should remain accommodative given limited fiscal space. The country's "stubbornly high" unemployment rate … [Read more...] about UPDATE 1-S.Africa GDP to slow, unemployment unsustainable-IMF
BRIEF-African Oxygen H1 headline EPS at 55.1 cents
JOHANNESBURG Aug 23 (Reuters) - African Oxygen Ltd : * Says headline earnings per share: 55.1 cents * Says revenue: R2.8 billion * Says declared a gross interim cash dividend of 27.0 cents per share * Says outlook for remainder of the financial year remains optimistic albeit in a challenging business environment © Thomson Reuters … [Read more...] about BRIEF-African Oxygen H1 headline EPS at 55.1 cents
BRIEF-Anglo sees deal paving way for joint work in flagship Chile mines
LONDON Aug 23 (Reuters) - Anglo American PLC : * Executive says Codelco values land transferred at 400 million dollars, value to Anglo only nominal * Executive says hopes deal with Codelco will lead to joint initiatives on Los Bronces-Andina * Executive on Codelco deal - "as a package we have done well for our shareholders" * Executive says each party in deal … [Read more...] about BRIEF-Anglo sees deal paving way for joint work in flagship Chile mines