R.I. Update for Friday, 21 November 2008

TOP STORIES    Implats Reconsiders Merger Proposal For Booysendal Project By Charlotte Mathews, 20 Nov 2008, 09:31 AM Turbulent market conditions and weak platinum group metals (PGMs) prices have forced Impala Platinum to reconsider the terms of its proposal to buy Mvela Resources and Northam Platinum to secure control of the Booysendal platinum project. Sentula Seeks End To Its JSE Suspension By Charlotte Mathews, 20 Nov 2008, 09:50 AM Coal and mining services company Sentula Mining is discussing with the JSE whether the posting of its revised annual report has given shareholders enough certainty to enable Sentula's shares to resume trading on the JSE, CEO Robin Berry said yesterday. Sasol Pursues Plan For Coal-To-Liquids Plant By Mathabo le Roux, 20 Nov 2008, 09:15 AM Sasol's plans to build a new coal-to-liquids plant in Limpopo, with a production capacity of 80,000 barrels per day, are continuing. State Diamond Body Plagued By Problems By Linda Ensor, 20 Nov 2008, 09:22 AM The minerals and energy department was in negotiations with diamond producers to work out a better way for the State Diamond Trader (SDT) to function to ensure its long-term viability, director-general Sandile Nogxina said yesterday. Finance, Market, Globalisation: A Plot Against Mankind? By Salvatore Rossi, 20 Nov 2008, 11:46 AM Finance, the market and globalisation are at risk of being jointly demonised by the crisis. This article argues that the these three elements are neither good nor bad; they are just opportunities for individuals, for societies and for economies that must be understood and regulated. Fear Of Appreciation: Asian Exchange-Rate Asymmetry By Victor Pontines and Ramkishen S. Rajan, 20 Nov 2008, 01:00 AM Why are emerging Asian economies accumulating massive foreign exchange reserve stocks? Much research has focused on precautionary or export-promoting motives. This article argues that emerging economies are pursuing exchange rate management with a strong bias towards preventing appreciation. The Humble Origins Of The New York Stock Exchange By Michel Pireu, 20 Nov 2008, 09:35 AM Venture capitalists Chapman, Spira & Carson maintain that the origin of the New York Stock Exchange was so uninspiring that almost no record was made of the events that lead up to it. NUM Says Dangerous Mines Expose Workers To Disease By Luphert Chilwane, 20 Nov 2008, 09:25 AM The public face of South Africa's mining sector is seen by labour unions and environmentalists as dirty and dangerous.
PITPUNDIT BLOG  Kinross Gold getting Lobo-Marte  Steel transmuted to gold?  Teck Cominco suspends dividend  Surprise: carbon permit monies not going to ameliorating global warming  Oilman with more wind than results  New South Wales, Western Austraila copper mines under review  U.S. seeks Middle East financial support  Shell Canada gets regulatory approvals for $5 billion takeover  A 10.48 carat diamond--unwanted  U.S. deflation  Nexus Energy contemplates outright sale  CopperCo halts trading  No deal on Broughton coal project in Queensland  More aid likely to Iceland  Impala Platinum acquisition in jeopardy  China increases iron ore order  Peru has a new free trade agreement  Kremlin remains inscrutable on ruble management  Copper output of Zambia was up  Cameroon Alumina Ltd. formed  Cashing in before the bust  Orsu Metals, crisis or opportunity  Athabascan uranium
Testimonials "Perfect! Love the site and I don't want to miss my email. Keep it up!" - Paul If you can't access the site from this mail, please reply to this mail with "Problem email" in the subject line, and we will address the problem. You voluntarily joined the Resource Investor newsletter. View this Newsletter Online. Change Email Address