Home News Page 1020

News

Rio Tinto extends Hathor offer

0
Resources giant Rio Tinto has again extended its offer to acquire all the common shares of Hathor Exploration for C$4.70 per share until January 6 2012.

CoAL sells NiMag in management buyout

0
Coal of Africa has agreed to the sale of the NiMag Group of companies, consisting of Nimag and Metalloy Resources Investments, by way of a management buyout.

Gold One given DMR’s go-ahead for Rand Uranium

0
Gold One International says it has received the go-ahead from the department of mineral resources for its proposed takeover of Rand Uranium.

Nkwe Platinum still stuck in the mud

0
A year after Nkwe Platinum dismissed any threat to its development plans from ARM, the company is unable to reach an agreement over the disputed prospecting rights.

Gold inches down as Europe worries persist

0
Gold prices are inching down in thin trade as investors remain sceptical of the euro zone's ability to tackle its debt crisis.

Guinea’s next steps: mining review, army reform

0
Guinea will review mining contracts and cut the size of the armed forces during 2012, says President Alpha Conde.

Chinese buy into Shanduka group

0
The China Investment Corporation has bought a 25%, R2bn shareholding in the Shanduka empowerment investment group.

Anglo sues Codelco over contract breach

0
Anglo American has sued Chile's Codelco for breach of contract in a dispute over the diversified miner's south Chilean assets.

Petra’s blue diamond fetches record price

0
Petra Diamonds says it has sold a blue diamond mined in SA for a record $300 000 a carat.

Sishen judge chides fighting parties

0
Judge Raymond Zondo has released his full judgment in the case over the disputed right in Sishen, castigating all parties for the way in which they’ve handled the matter.