On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
It would seem like the main job of most municipal officials is to look for increasingly creative ways to suck residents dry. If only they applied this diligence to their actual job
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
Bury the hatchet
The Kremlin’s ambassador to the EU has called on Europe to mend ties with Moscow to avoid future gas shortages, but insisted that Russia had nothing to do with the recent jump in prices. Vladimir Chizhov said he expected Gazprom, the state-controlled exporter that supplies 35% of European gas needs, to respond swiftly to instructions from President Vladimir Putin to adjust output. "Change adversary to partner and things get resolved easier … when the EU finds enough will to do this, they will know where to find us."
Chinese coal futures rose to record levels as floods shut dozens of mines and displaced more than 100,000 people, throttling the country’s main source of the fuel for electricity and compounding a global energy crisis. Price volatility in global energy markets has sent countries scrambling to procure power supplies at ever-higher costs, while China’s policy confusion over its green energy goals has worsened its power shortages.
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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.