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BY RICHARD HURST
SOUTH African mining company AngloGold recently announced that it was seeking to divest from some of its Australian gold fields to continue other diversification efforts outside South Africa. AngloGold Australia ‘s general manager, Barrie Parker, said that the company’s current properties in the central Australian Tanami Desert, particularly the Coyote deposit, had been earmarked for sale in to raise money for AngloGold’s recent explorations in Ghana, Mongolia, Canada and South America.…

BY KEITH NUTHALL

Duke Energy Corp, a diversified US energy company based in Charlotte, is in discussions with “several potential buyers” for its European natural gas business, the company has announced. It gave no details of the possible buyers or price.…

BY JONATHAN THOMSON
GERMANY’S BMW is planning to expand the use of magnesium in its vehicles after developing the “world’s first” magnesium/aluminium crankcase for a water-cooled engine. Describing magnesium as “the ideal lightweight material” the carmaker’s engineers claim to have overcome problems created by high temperatures and corrosion.…

BY KEITH NUTHALL
THE DOMINICAN Republic, Brazil and the Philippines are the key beneficiaries of the latest low tariff import quotas for sugar unveiled by the United States Trade Representative. Out of a total low duty quota for 2003-4 of 1,117,195 metric tonnes, the Dominican Republic commands 185,335 tonnes, Brazil 152,691 and the Philippines 142,160.…

BY KEITH NUTHALL
ANTI-GLOBALISATION activists will not like it, but there are clear signs that September’s World Trade Organisation summit in Cancun might deliver what has eluded political leaders since the WTO’s agricultural liberalisation talks began in 2000: the beginnings of a deal.…

BY KEITH NUTHALL
THE UNITED States, Canada and Argentina have requested that a World Trade Organisation disputes panel adjudicate in their diplomatic row with the European Union over its de facto freeze on approving the import of new genetically modified foodstuffs.…

BY KEITH NUTHALL
A DISPUTE proceedings panel has now been established at the World Trade Organisation to rule on the legality of the European Union’s sugar export subsidies. Australia, Brazil and Thailand allege the handouts break world trade laws. Barbados, Canada, China, Colombia, Jamaica, Mauritius, New Zealand, Trinidad and Tobago and the US reserved their right to participate.…

BY KEITH NUTHALL
France has launched a legal action at the European Court of Justice aimed at overturning the EU ban on animal testing for cosmetic products. Under the EU directive, agreed earlier this year after 13 years of negotiations, there will be a virtually total ban on the sale of animal-tested cosmetic products across the EU from 2009.…

BY KEITH NUTHALL
COUNTERFEITING is considered by many to be a victimless crime, the only losses being suffered by large trademark holders who have plenty of money anyway. The reality, of course, is quite different. Keith Nuthall reviews the latest international developments.…

BY KEITH NUTHALL
THE WORLD Trade Organisation (WTO) will over the next three months try to pick up the pieces from its failed summit in Cancun, Mexico. The meeting was effectively scuppered by the developing world, which refused to talk about writing rules on protecting investment rights into a new WTO agreement.…