Sandvik signs agreement to divest its Mining Systems operations
Sandvik has signed an agreement to divest its Mining Systems operations, reported in the Sandvik income statement as discontinued operations, to the private equity company CoBe Capital.
The World Gold Council predicts consumption of the precious metal should be steady this year, although unlikely to reach the high levels seen in the worst of the financial crisis.
A person wearing a Spider-Man mask starred Monday an unusual and impressive rescue of three illegal miners trapped in an abandoned mine in South Africa.
Mamphela Ramphele's resignation fuels local rumours indicating she is planning to create a new political party to challenge the ruling African National Congress (ANC).