Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Looks like finger trouble - bit early for xmas spirits !
28-Nov-1210:58:19 30.89 150,000 Buy* 27.25 27.75 46.34k O 28-Nov-1210:59:51 27.75 100,000 Buy* 27.00 27.75 27.75k O 30.89 paid.
http://www.fin24.com/Economy/Coal-strikes-could-hit-power-supply-20121012
http://www.ft.com/cms/s/0/93612940-0ee6-11e2-ba6b-00144feabdc0.html#axzz28z3S2YP9
http://www.fin24.com/Companies/Industrial/Eskom-mum-on-steep-hikes-20121011
http://www.reuters.com/article/2012/10/11/us-bumi-idUSBRE89A04Z20121011?feedType=RSS&feedName=businessNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=56943 Perhaps BUMI should look further south for some coal reserves :)
I can only imagine that South African mining has been in the news too frequently lately for the wrong reasons. Seems to me to have lots of upside particularly once China resumes producing cheap crap for Europe.
http://www.fin24.com/Companies/Mining/Lonmin-miners-sign-deal-to-return-to-work-20120906
http://www.ft.com/cms/s/0/8f059d54-f5d2-11e1-a6bb-00144feabdc0.html#axzz25QRd6iyM
I'm guessing that the SP is being adversely affected by LONMIN etc issues, and Malema sticking his oar in. Does anyone know when we're next due some news ? I'm thinking of trying to average down a little.
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11254736 "The Board of SNR also announces that Jeremy Metcalfe, Communications Director, is leaving the Board with immediate effect, to accommodate the appointment of Gabriel Ruhan." Pity - JM is a very convincing salesman.
Miners hit by coal glut as prices tumble. http://www.ft.com/cms/s/0/5dd0e674-b920-11e1-9bfd-00144feabdc0.html#axzz1yBElFbEF :(
http://www.businessweek.com/news/2012-06-12/south-africa-35-billion-rail-plan-to-unlock-minerals
A reassuring rise this morning. Long may it continue.
I had really expected a better reaction to the RNS.