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.
Nkwe Platinum says Garatau ‘meets parameters’
Garatau, an eastern bushveld project owned by Nkwe Platinum had met
expectations, according to project owner Nkwe Platinum.
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.
Keaton to consolidate KZN anthracite
Keaton Energy, having established itself as a reliable producer of earnings, is
now turning its hand to scale which it hopes to achieve by consolidating
metallurgical coal prospects in KZN.
De Beers: “Anglo will take good care of us’
De Beers is prepared for its new chapter under Anglo American’s management
but will be treated "differently' than the diversified miner’s other divisions,
according to CEO Philippe Mellier.
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.
Continental Coal in another deal for Ferreira
Continental Coal, the thermal coal production and development company, says
it has done another deal to extend the life of its Ferreira coal mine.