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Latest JOHANNESBURG Stories

2011-03-08 10:29:00

JOHANNESBURG, March 8, 2011 /PRNewswire/ -- Sasol (JSE: SOL; NYSE: SSL) announces that it has entered into hedging transactions (zero cost collars) for 4,56 million barrels of oil (equivalent to circa 30% of its planned South African synfuels and West African crude oil production for the final quarter of the 2011 financial year). The zero cost collars expire on 15 June 2011. The hedge will provide downside protection should monthly average dated Brent crude oil prices decrease below US$85...

2011-03-06 23:13:00

JOHANNESBURG, March 7, 2011 /PRNewswire/ -- Driven by innovation, Sasol is an international integrated energy and chemicals company that creates value through its proven alternative fuel technology and talented people to provide sustainable energy solutions to the world Headline earnings per share increased by 22% to R12,97 Group cash fixed costs down in real terms Interim dividend increased by 11% to R3,10 per share Cash generated by operations increased by 65% to R15,1 billion First...

2011-03-01 09:14:00

FORT LAUDERDALE, Fla., March 1, 2011 /PRNewswire/ -- South African Airways (SAA) and New York's hometown airline, JetBlue Airways (Nasdaq: JBLU), have announced an expansion of their interline partnership, with South African Airways now offering code share services on JetBlue flights effective March 3rd. The code share service will be available with SAA flight numbers on JetBlue flights to 20 cities served by the airline in the U.S., connecting through either New York's John F. Kennedy...

2011-02-20 21:53:28

New evidence bolsters the notion that deep saline groundwaters in South Africa's Witwatersrand Basin may have remained isolated for many thousands, perhaps even millions, of years. The study, recently accepted for publication in Chemical Geology, found the noble gas neon dissolved in water in three-kilometre deep crevices. The unusual neon profile, along with the high salinities and some other unique chemical signatures, is very different from anything seen in molten fluid and gases rising...

2011-02-09 08:52:00

JOHANNESBURG, Feb. 9, 2011 /PRNewswire/ -- SAP - Sappi Limited - ANNOUNCEMENT Date : 09 February 2011 SAP - Sappi Limited - Announcement SAPPI LIMITED Registration Number 1936/008963/06 (Incorporated in the Republic of South Africa) JSE Code : SAP ISIN : ZAE000006284 NYSE Code : SPP (Logo: http://photos.prnewswire.com/prnh/20090826/NE66332LOGO ) Sappi's Annual General Meeting was held in Johannesburg this afternoon (09 February 2011) and all...

2011-02-07 07:15:00

JOHANNESBURG, Feb. 7, 2011 /PRNewswire/ -- Sasol (JSE: SOL; NYSE: SSL) shareholders are advised that the JSE has approved the listing of 2 838 565 Sasol BEE ordinary shares of no par value ("Sasol BEE Ordinary Shares") on the BEE Segment of the Main Board of the JSE ("BEE Segment") with effect from the commencement of trading on Monday, 7 February 2011. The Sasol BEE Ordinary Shares will be listed on the BEE Segment under the company name "BEE -Sasol", the JSE alpha code "SOLBE1" and...

2011-01-27 08:34:00

FORT LAUDERDALE, Fla., Jan. 27, 2011 /PRNewswire/ -- South African Airways (SAA), Africa's most awarded airline, announced that its popular New York-Johannesburg service will now also operate non-stop from Johannesburg to New York, resulting in the fastest way to travel between New York and Southern Africa. Currently, flight SA203 from Johannesburg to New York makes a 1-hour passenger and refueling stop in Dakar, Senegal. Starting May 1st, flight SA203 will depart Johannesburg at 8:35...

2011-01-27 07:02:00

All amounts are in US dollars unless otherwise noted. Q3 2011 PRODUCTION HIGHLIGHTS MINE WASTE SOLUTIONS Higher gold sales reported Expected gold output at MWS on track for 72,000 ounces for fiscal year 2011 MWS continues to deliver on planned production with plant and tailings expansion projects on-track for completion in May 2011 and on schedule for the re-structured Gold Wheaton Completion Test EZULWINI MINE Highest-ever quarterly gold sales Expected gold output for...

2011-01-18 03:21:00

UTRECHT, The Netherlands, January 18, 2011 /PRNewswire/ -- Absa Group Ltd of South Africa take the first steps to a true Cash Web Community with Transtrack's latest CashWebCommunity suite of management software to elevate their service quality and customer experience. http://www.transtrack.nl Key in the success of the bank's Cash Solutions is the use of the latest technology to provide complete end-to-end visibility and provide a platform for future integration of value added...

2011-01-10 07:11:00

JOHANNESBURG, January 10, 2011 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) has announced that attributable Group production for the December quarter 2010 is expected to be approximately 900,000 oz, which is similar to last quarter and in line with expectations. Total cash costs are expected to be approximately US$730/oz and notional cash expenditure (NCE) about US$1,100/oz. NCE is in line with the higher capital expenditure planned, in...