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reuters

PRECIOUS-Gold firms in line with stocks, but gains muted

30 October 2012 By admin

* Traders focus on Friday's U.S. non-farm payrolls * U.S. financial markets still closed by Hurricane Sandy * Indian gold importers buy on dips before festivals * Rubber bullets fired at Amplats miners in South Africa By David Brough LONDON, Oct 30 (Reuters) - Gold prices firmed on Tuesday as stock markets rose and the dollar weakened, but moves … [Read more...] about PRECIOUS-Gold firms in line with stocks, but gains muted

UPDATE 1-DR Congo says seeks bigger stake in mine projects

30 October 2012 By admin

BUKAVU, Democratic Republic of Congo, Oct 30 (Reuters) - D emocratic Republic of Congo will seek to raise its stake in new mining projects to 35 percent from the current five percent in a revised mining code, the country's top mining official said on Tuesday. Congo is among a slew of minerals-rich countries across Africa seeking to raise state shares in lucrative … [Read more...] about UPDATE 1-DR Congo says seeks bigger stake in mine projects

S.Africa shares up, Lonmin jumps after rights issue

30 October 2012 By admin

* Lonmin shares jump 7 pct * Top-40 rises 0.4 pct By Tshepo Tshabalala JOHANNESBURG, Oct 30 (Reuters) - South African stocks rose on Tuesday in trade diminished by a massive U.S. storm that shut Wall Street while prices of platinum mining firms were buoyed by a smaller-than-expected cash call from Lonmin . Johannesburg-traded shares in the company rose over … [Read more...] about S.Africa shares up, Lonmin jumps after rights issue

Rugby-Robshaw confirmed as England captain

30 October 2012 By admin

Oct 30 (Reuters) - Harlequins flanker Chris Robshaw has been retained as England captain for the November internationals, the Rugby Football Union said on Tuesday. Head coach Stuart Lancaster appointed Robshaw captain at the start of the year, despite only one previous appearance for England. He led them to second place in the Six Nations championship and then on the … [Read more...] about Rugby-Robshaw confirmed as England captain

No sign of credit bubble in S.Africa

30 October 2012 By admin

PRETORIA Oct 30 (Reuters) - There are no signs of a credit bubble in South Africa despite arise in unsecured lending, Reserve Bank Deputy Governor Lesetja Kganyago said on Tuesday. "Credit that grows at an average of around 7 percent when inflation is at 5.5 percent cannot by any measure be seen as bubble. Unsecured lending is such a small component of overall credit," … [Read more...] about No sign of credit bubble in S.Africa

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