ContiCoal scores R140m for projects
Australian-listed Continental Coal said payment of R140m by its new empowerment
partner had begun, capital that would be used to advance the company's projects.
Beacon Hill lists in Australia
Beacon Hill Resources, a coal exploration and production firm, is seeking to broaden
its investor base after having depository receipts listed in Australia.
Nkwe still in talks over JV
Nkwe Platinum says it is still finalising its joint venture and mine development
negotiations.
Great Basin in R80m BEE tiff with Gold Fields
A cancelled empowerment deal with Gold Fields is an unwanted spanner in the
works of Great Basin, which also faced scepticism regarding production targets
at its Burnstone mine.
Firestone turns down R1bn Tata Power bid
Firestone Energy says its Waterberg project is worth at least R600m more than
Tata Power’s valuation.
Tribunal allows intervention in Petmin case
Two players in the silica market have been granted leave to intervene in proceedings at the Competition Tribunal on Petmin's proposed sale of SamQuarz, reports Business Day.
Zimbabwe Govt approves Anglo Pt Unki plan
The Zimbabwean government has approved Anglo Platinum's proposal to
comply
with the country's indigenisation law.
Gold One secures financing for deals
Gold One International says it has secured the necessary finance to settle the Rand Uranium and Ezulwini acquisition deals.
Investec sees gold at $1,850
Gold may appreciate a further 10% in 2012 to an average price of around
$1,850 per ounce, as negative real interest rates continue to bolster the
appeal of the metal.
Amsa, Highveld face collusion charge
The Competition Commission has referred a collusion case against
ArcelorMittal SA and Highveld Steel and Vanadium to the Tribunal, asking for a
penalty of 10% of turnover.