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reuters

Gold Fields says launching "portfolio review"

23 August 2012 By admin

JOHANNESBURG Aug 23 (Reuters) - Gold Fields, the world's fourth largest gold producer, said on Thursday it was launching a "portfolio review" or strategic examination of its operations with a focus on ensuring a flow of dividends. Chief executive Nick Holland said in a presentation of the company's results the review would look at "scrutinising, prioritising and sequencing … [Read more...] about Gold Fields says launching "portfolio review"

EMERGING MARKETS-Stocks rally on U.S. easing hopes

23 August 2012 By admin

LONDON Aug 23 (Reuters) - Emerging stocks rose nearly 1 percent towards their highest in over three months and sovereign debt spreads traded around their tightest in a year on Thursday after the U.S. Federal Reserve signalled more policy easing was on its way. The Fed is likely to deliver another round of monetary stimulus "fairly soon" unless the economy improves … [Read more...] about EMERGING MARKETS-Stocks rally on U.S. easing hopes

S.Africa maize stocks rise to 7.439 mln T in July

23 August 2012 By admin

JOHANNESBURG Aug 23 (Reuters) - South Africa's maize stocks rose to 7.439 million tonnes at the end of July compared with a revised 5.502 million tonnes at the end of June, data showed on Thursday. The stocks included 4.330 million tonnes of white maize and 3.109 million tonnes of yellow, the South African Grain Information Service (SAGIS) said in its monthly bulletin. … [Read more...] about S.Africa maize stocks rise to 7.439 mln T in July

S.Africa seeks steps to counter British bulk wine buy-official

23 August 2012 By admin

* South Africa does not want "trade war"-trade official * Its wine industry faces "serious risk", the official says * Bulk buying helps retailers save costs CAPE TOWN, Aug 23 (Reuters) - South Africa is mulling retaliatory measures to protect its centuries-old wine industry and counter job losses caused by a British retailers' move to buy the product in bulk … [Read more...] about S.Africa seeks steps to counter British bulk wine buy-official

CORRECTED-UPDATE 2-Violent mining strikes could spread, says Implats

23 August 2012 By admin

(Corrects dividend to 195 cents, not 60 cents) * Implats operations "stable" despite tensions at Lonmin * Cuts FY2013 capital by almost 1 billion rand * Targets FY2013 production of up to 1.55 million ounces JOHANNESBURG, Aug 23 (Reuters) - World No.2 platinum producer Impala Platinum has warned that industrial action at South Africa's platinum mines, … [Read more...] about CORRECTED-UPDATE 2-Violent mining strikes could spread, says Implats

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