Shanduka finalises Glencore coal deal
Shanduka Group has finalised the increase of its shareholding in Shanduka Coal
to 50.01% from 30% previouly, the company says.
Govt to rebut UN Mapungubwe criticism
Coal of Africa's Vele mine is at the centre of more controversy as the UN
criticises South Africa's permitting regime at a World Heritage Committee
meeting.
De Beers defers June rough diamond sales 50pc
The question is whether an uninspired market will be able to mop up the
deferred sales later in the year which is shaping up to show a 7% decline in
diamond sales for De Beers.
DRDGold to become defensive with cash
Having shelled out R58m buying its own shares in two separate tranches,
DRDGold will enter a period of conservatism while it oversees the completion of
its Ergo consolidation project.
Glenstrata deal on the brink as Qataris says “no’
The $65bn merger between Glencore and Xstrata is on the verge of collapse
after Xstrata’s second-largest shareholder said it will oppose the terms of the
deal, reports Financial Times.
Flagship R10.7bn manganese project in disarray
ArcelorMittal may escalate legal action as it suspects corporate governance
failures at Kalagadi Manganese, the flagship venture of South Africa’s
beneficiation strategy.
Bristow in final stretch of bike journey
Randgold Resources CEO Mark Bristow and his 3boyzonbikes team have crossed
into Senegal on the latest lap of a charity motorcycle ride of more than
13,000km.
Tronox adds vim to under-valued Exxaro Resources
Coal prices may have flagged lately, but there are high expectations for the
effect the mineral sands industry can have on Exxaro Resources’ share price.
MRI in hunt for Water Affairs AMD tender
Mine Restoration Investments will chase down a multi-million rand tender to
clean South Africa’s acid mine drainage after listing and raising R40m on the
JSE’s Altx.
Dirt diggers can leave for Australia: Jourdan
Paul Jourdan, a co-author of the State Intervention in Mining report, says
minerals should be left unmined if industrialisation is not the direct
consequence of digging for them.