Dramatischer Gewinnrückgang bei SA-Goldminen - 500 Beiträge pro Seite

[sebastianus]

Quelle : Sunday Times (SA)

The second quarter earnings of South Africa`s gold miners are expected
to be lower than the first quarter, due mainly to a lower rand gold price,
a survey of six analysts shows.

Avgold (AVG) kicks off the June quarter reporting period on July 23.

The average rand price of gold per kilogram in the period from April to
June was 78,390 rand per kilogram, down 14.4% from the average of 91,613
rand per kilogram for the three months from January to March 2003.

The world`s second largest gold miner AngloGold (ANG) is expected to show
headline earnings per share of 223 cents, down 18% from 272 cents
in the previous quarter. Analysts` forecasts ranged from 201 to 261 cents
per share.

Gold Fields (GFI), the world`s fourth largest gold miner, is set to show
headline earnings per share, excluding gains and losses from financial
instruments as well as foreign debt, of 75.4 cents, down 25% from
101 cents in the first quarter of 2003.

Forecasts for Gold Fields` earnings ranged from 70 to 83.1 cents per share.
South Africa`s third largest miner Harmony (HAR) is likely to show headline
earnings per share of 81.8 cents, down 35% from 126 cents in the first
quarter of 2003.

Forecasts for Harmony`s earnings ranged from 55 to 106 cents per share.
"It`s going to be a bad operational performance for most of South Africa`s
gold miners, especially at some of their key operations. South African gold
miners during the second quarter were hit by increased cost pressure,
bad volumes, lower yields and a lower rand per kilogram gold price,"
a Johannesburg analyst said.

"The outlook isn`t good as the gold miners are facing an even lower rand
gold price and a wage increase in this current quarter," he added.

Given the tough conditions for South African gold miners, retrenchments
and shaft closures on are the horizon.

Marginal gold miner Durban Roodepoort Deep (DRD, DUR) is facing the prospect
of reporting an operating loss, as its mines average total cost per
kilogram is above 80,000 rand a kilogram. For the quarter ending March 2003,
DRD`s cash operating costs were 88,409 rand per kilogram.b]

Sebastianus

[sebastianus]

SA - Goldminen : Streikbeginn 27. Juli

http://biz.yahoo.com/rm/030718/markets_safrica_stocks_open_1…

Sebastianus

[Imoen]

Dann werden sich unter Umständen ungeahnte Kaufchanchen bieten, damit meine ich deutlich unter den jetzigen Kursen.

Die Streiks müssen nur lange genug dauern.

[sebastianus]

http://allafrica.com/stories/200307180073.html

The lack of clarity South Africa`s draft Royalty Bill could have disastrous consequences
for the country`s marginal miners, preventing investments and costing the country thousands of jobs,
mining lawyers have warned.

Debate around the bill has been intense, symptomatic of the fear that some marginal miners
- like Durban Roodepoort Deep(DRD), Northam Platinum and The Afrikander Lease -
may have to shut down if they are not granted an exemption from the proposed revenue-based royalty.

Sebastianus

[sebastianus]

http://www.news24.com/News24/Finance/Companies/0,,2-8-24_139…

Gold Fields might split

South Africa`s second largest gold miner Gold Fields (GFI) is toying with the idea of splitting the group
into two companies, one housing its South African operations and the other its international operations.

Wenn GFI dies tut, wie wirkt sich dies auf den Aktienkurs aus ?

Sebastianus

[Stosstrupp_Gold]

#5

So ein Schritt wäre positiv zu werten! De Beers hat seinerzeit das gleiche gemacht und seine nicht SA-Minen durch die De Beers Centenary im schweizerischen Luzern verwalten lassen.
Damit wären Gold Fields nicht SA-Aktivitäten (vornehmlich Australien und Ghana) dem Zugriff der pseudokommunitischen ANC-Regierung entzogen (insbesondere nützlich im Falle einer möglichen Enteignung).

Fazit: Alle SA-Firmen sollten sich über eine solche "Kuba-Klausel" für den FAll der Fälle absichern.

[G.Goldmann]

# 1 Anglogold meldet 19 % Gewinnrückgang

ANGLOGOLD, which said yesterday that net income for the three months to the end of June slipped 19% from the previous quarter, hopes to know the government of Ghana`s opinion of the offer it made for Ashanti by the middle of next month.

In May AngloGold said it was in talks to buy Ashanti, a gold mining company listed in London, but with operations in Ghana. At the time it said talks were based on a possible allshare takeover offer of 26 AngloGold shares for every 100 Ashanti shares.

GG