Industrial metals continue momentum as investors cheer another better-than-expected inflation report in the US
The unskilled workforce in particular will be affected by the steps the country will be compelled to take
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The premier announced her cabinet after a meeting with the ANC’s deployment committee and its alliance partners
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The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
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Anglo American has no intention of selling South African assets and, while welcoming the improved Mining Charter, CE Mark Cutifani said the industry would come up with innovative suggestions to make it more palatable to investors, communities and labour.
Anglo’s South African assets, ranging from the most profitable platinum mine in the world, a large new diamond mine and an iron ore cash machine to coal and manganese operations, have long been the source of speculation about whether they should remain in the company.
Some analysts have suggested that they weigh on the London-listed company’s share price because of the regulatory uncertainty bedevilling SA’s mining sector, and that a lot of value could be unlocked by selling them.
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.