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Gold Fields: 80 pct of KDC West miners report for work

18 October 2012 By admin

JOHANNESBURG Oct 18 (Reuters) - Eighty percent of workers at Gold Fields' KDC West mine in South Africa have returned to work by a dismissal deadline, the company said on Thursday, raising hopes that an illegal strike at the operation could end soon. "A large number of people have today arrived at the site and clocked their punch cards. The real test now is to see … [Read more...] about Gold Fields: 80 pct of KDC West miners report for work

UPDATE 2-Lonmin miners strike again in South Africa

18 October 2012 By admin

* Gold Fields Beatrix miners back, most at KDC West return * Amplats says will hold off on further dismissals * AngloGold to decide on ultimatum next week (Recasts with latest Gold Fields attendance, adds Lonmin details) By Sherilee Lakmidas JOHANNESBURG, Oct 18 (Reuters) - Gold Fields said most miners returned to work at its strike-hit South … [Read more...] about UPDATE 2-Lonmin miners strike again in South Africa

UPDATE 1-Cricket-Pietersen back in England fold for tour to India

18 October 2012 By admin

(Adds quotes, detail) * Pietersen added to squad for India series * Outstanding issues now resolved - ECB LONDON, Oct 18 (Reuters) - Kevin Pietersen has been added to England's test squad for next month's tour to India after being dropped over a controversial text-message row. The decision to recall the South African-born batsman was made after he met up … [Read more...] about UPDATE 1-Cricket-Pietersen back in England fold for tour to India

TEXT-S&P places Gold Fields on watch negative

18 October 2012 By admin

Overview -- We believe that country risk for South African gold miner Gold Fields Ltd. (GFI) has increased in light of continuing strike action in South Africa and the possible implications of increasing social tensions for the mining industry. -- We recently lowered our foreign currency rating on South Africa to 'BBB' from 'BBB+' to reflect the deterioration in … [Read more...] about TEXT-S&P places Gold Fields on watch negative

S.Africa bonds, rand firm; focus on midterm budget

18 October 2012 By admin

JOHANNESBURG Oct 17 (Reuters) - South African government bond prices rose on Wednesday after a well-received weekly auction and as the market speculated the government will tighten spending after two ratings downgrades. Bonds also tracked the rand currency, which rallied more than 1 percent in line with a stronger euro after Spain avoided a ratings downgrade by ratings … [Read more...] about S.Africa bonds, rand firm; focus on midterm budget

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