Waterpan wants to go it alone for First Uranium
Waterpan Mining Consortium wants to make an offer for the whole of First
Uranium, saying it is in the final stages of raising funds.
Wits Gold strategy remains “intact’
Junior miner Wits Gold says its strategy to become a profitable mid-tier gold
producer remains unchanged, despite the breakup of its proposed venture with
Pan African Resources.
DRDGold, Govt seek way through AMD impasse
Discussions have been opened between the Water Affairs Department and
DRDGold on a possible win-win solution to the acid mine drainage controversy.
Pan African to play it cool on rights offer
Pan African Resources will not dilute existing shareholders by more than 10%
in pursuing a rights offer to help fund the R1.5bn acquisition of Evander from
Harmony Gold.
Pan African bids R1.5bn for Evander
Pan African Resources has offered R1.5bn in a combination of debt, cash and
shares for Harmony Gold’s Evander Mines after a consortium in which it was
involved failed to meet conditions of an earlier offer.
Swanepoel granted R9m in Village share options
Bernard Swanepoel and fellow directors were granted share options totaling
R24.2m in value at a price of R1.53/share.
First Uranium warned against ‘horror’ of liquidation
A proxy advisory firm, Institutional Shareholder Services, has urged shareholders of
First Uranium that it should accept offers tabled for its assets because they do not
want to contemplate "the horrors" of liquidation.
AngloGold ups its stake in Brazilian mine
AngloGold Ashanti has bought the 50% it doesn’t already own in Brazil’s Serra
Grande mine from Kinross Gold for $220m.
New twist in First Uranium asset sale
Minority shareholders vow to fight on as First Uranium’s board rejects an
alternative arrangement on the sale of Ezulwini and Mine Waste Solutions.
DRDGold wants AMD claims clarified
DRDGold says Johnny de Lange’s claims in parliament, that the company
should "pay for every damn thing' regarding acid mine drainage, needs "a
public response'.