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reuters

At least 18 bodies at S.Africa mine shooting

17 August 2012 By admin

JOHANNESBURG Aug 16 (Reuters) - South Africa's SAPA news agency reported 18 bodies after police opened fire on thousands of striking miners at Lonmin's Marikana platinum mine on Thursday. SAPA said one of its reporters had counted 18 bodies lying near the Wonderkop squatter camp at the mine. Police have not confirmed any death toll. © … [Read more...] about At least 18 bodies at S.Africa mine shooting

RPT-Anglo American completes De Beers stake acquisition

17 August 2012 By admin

(Repeats to additional subscribers) LONDON Aug 16 (Reuters) - Global miner Anglo American said it completed the acquisition of the Oppenheimer family's interest in diamond producer De Beers, paying $5.2 billion to raise its stake to 85 percent. Anglo, which already owned 45 percent of De Beers, said the final price it paid was higher than the $5.1 billion … [Read more...] about RPT-Anglo American completes De Beers stake acquisition

Euro Coal-Prices steady, market watches Colombia strikes

17 August 2012 By admin

* October DES trades unchanged at $93.50/T * Colombia Fenoco unions yet to return to work LONDON Aug 16 (Reuters) - Physical European prompt coal prices were unchanged at around $93-$94 a tonne for a second day on Thursday as the market waited to see when Colombian shipments would resume and whether that would trigger a bout of selling and a further price fall. … [Read more...] about Euro Coal-Prices steady, market watches Colombia strikes

INSIGHT-Zimbabweans suffer under auctioneer’s hammer

17 August 2012 By admin

By Cris Chinaka CHINHOYI, Zimbabwe Aug 16 (Reuters) - According to the official figures, Zimbabwe's economy is booming. The agony etched on the faces of those in the auction rooms in Chinhoyi, watching helplessly as prized possessions go for a song, tells a very different story. Zimbabweans from all walks of life are drowning in debt after the implosion of a … [Read more...] about INSIGHT-Zimbabweans suffer under auctioneer’s hammer

Rand ends firmer vs dollar but seen weaker

17 August 2012 By admin

* Rand coming back from a near 2-week low * Likely to break 8.30, opens up 8.38 and 8.50 rand * Longer-maturity bonds rise on auction announcement JOHANNESBURG, Aug 16 (Reuters) - South Africa's rand recovered from a near two-week low against the dollar on Thursday, tracking a firmer euro, but analysts said the currency may weaken again as investors push out … [Read more...] about Rand ends firmer vs dollar but seen weaker

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