Pranill Ramchander

Anglo American Returns to Zambia After 11 Years to Tap Copper

Anglo American Plc has returned to Zambia, Africa’s biggest copper producer, to explore for the metal after exiting the country 11 years ago.

Anglo American S. Africa Faces Class-Action Suit Over Silicosis

Anglo American Plc’s South African unit faces a class-action suit from miners with silicosis who worked at 11 operations that the company used to own, lawyers led by Leigh Day & Co. said.

Anglo, Amplats Have ‘Stolen’ South Africa’s Money, ANC Says

South Africa needs to take “bigger interest and control” of mines amid plans by Anglo American Plc and its platinum unit to cut output, said Gwede Mantashe, secretary-general of the ruling African National Congress.

Amplats Plan to Fire Workers Not Helpful, Finance Minister Says

Anglo American Platinum Ltd.’s plan to idle shafts and fire as many as 14,000 workers is “less than helpful,” South Africa’s Finance Minister Pravin Gordhan said.

Anglo American Miners May Seek $117,000 Each in Disease Suit

Workers who contracted silicosis after working on mines that were owned by companies including Anglo American Plc may seek at least 1 million rand ($117,000) each in damages, a lawyer representing them said.

Anglo Ends ‘Emergency Status’ at Mine Hit by Rain

Anglo American Plc ended the “emergency status” at South Africa’s New Vaal coal mine imposed after heavy rain.

Transnet to Increase Tariffs on South Africa's Coal Line by as Much as 30%

Transnet Ltd. will increase tariffs to transport coal in South Africa by “as much as 30 percent” effective March 26, spokesman Sandile Simelane said.

Anglo Should Be 60% Owned by South Africa, City Press Reports

Anglo American Plc , Africa’s largest mining company, should become 60 percent owned by the South African state, Johannesburg-based City Press reported, citing Julius Malema , the leader of the ruling African National Congress’s youth wing.

South Africa to Lure Mining Companies With $40 Billion Boost For Railways

South Africa is ramping up spending on railways and roads to lure mining investment as the government fights off calls from within the ruling African National Congress to nationalize the country’s mines.

Anglo, Evraz Highveld: South African Equity Preview (Correct)

The following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last close.

"Anglo American sees Zambia as highly prospective for a number of commodities but is currently only interested in copper."

- Pranill Ramchander on Mar 26, 2013

South Africa

Africa

African National Congress

Europe

Gold Advances on Stimulus Speculation Before Bernanke

Yen Falls to Three-Year Low Versus Euro After BOJ

U.S. Stocks Rise as Bernanke Signals Continuing Stimulus

Stocks Rise With Gold, Treasuries on Bernanke Remarks

Bernanke Says Premature Tightening Would Endanger Recover