R/€ = 16.67 Change: -0.01
R/$ = 14.42 Change: -0.02
Au 1193.10 $/oz Change: -1.00
Pt 791.00 $/oz Change: -7.60


Oil falls below $95 as Saudi considers output rise

12th November 2007 Oil fell more than $1 on Monday to below $95 after Saudi Arabia said that OPEC would discuss boosting oil output at an upcoming meeting to cool surging oil prices. 

Congo Republic sheds 'blood diamond' tag

9th November 2007 Congo Republic was readmitted to an international mechanism regulating the diamonds trade this week after convincing experts it had tightened controls on so-called "blood diamonds".  

Oil reignites rally toward $100 on dollar, outages

9th November 2007 Oil launched a fresh assault toward the $100 milestone on Friday as the dollar touched new lows and supply disruptions raised fears of a winter supply crunch. US crude for December delivery rose as high as $96,48 a barrel and stood 77 cents higher at $96,23 a barrel by 06:12 GMT, reversing the... 

Preliminary study on Sasol fuel plant due in 2008 - CEO

8th November 2007 Sasol, the world's biggest maker of motor fuel from coal, said on Thursday it would in 2008 complete a prefeasibility study on an 80,000 barrels-per-day coal-to-liquids (CTL) facility in South Africa.  

SA power prices seen adding to inflation

7th November 2007 Expected sharp increases in South African electricity prices over the next few years are likely to put further pressure on inflation, a central bank official said on Tuesday. 

Oil jumps to $98 on dollar lows, winter supply fears

7th November 2007 Oil prices surged deeper into record territory on Wednesday, touching $98 as the dollar plumbed new lows and traders worried about a winter fuel crunch due to thinning oil stocks and a North Sea storm.  

Lamy warns against pushing Doha talks into 2008

7th November 2007 The Doha round of international trade talks should not be pushed into next year, World Trade Organisation (WTO) Director-General Pascal Lamy said on Tuesday, stressing he remained confident the round would succeed. 

Gold Fields restarts shut shaft, full ouput Monday

2nd November 2007 Gold Fields, the world's fourth ranking gold producer, had restarted operations at the shut No. 4 shaft at Kloof, its second-biggest mine, on Friday morning and would ramp-up to full output by Monday. 

Mozambique plans to double mining investment by 2012

15th October 2007 Mozambique wants to double new mining investments in the next five years and boost economic growth by fast-tracking mining licenses, National Mining Director Fatima Momade said.  

Oil holds above $81 on winter stocks worries

5th October 2007 Oil held above $81 a barrel on Friday, clinging to its first gains in five days after data showing unexpectedly low distillate and natural gas stocks in the United States stirred concern about peak winter supplies. 


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