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Tharisa secures R1bn funding for plant

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Tharisa Minerals has raised R1bn for a chrome and platinum group metal mine and concentrator from HSBC Holdings.

Village bags R413m, special dividend likely

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As suggested before, Village Main would most likely pay out a special dividend from the First Uranium asset sales that net R413m for Bernard Swanepoel’s company.

Namaqualand deal ‘progressing’, says Trans Hex

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Trans Hex said discussions were ongoing to buy De Beers Consolidated Mines' Namaqualand Mines, a transaction first opened nearly a year ago.

Glencore unlikely to bump Xstrata offer

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Glencore will today address investors for the first time since unveiling plans for a $90bn merger with Xstrata, an offer that is unlikely to be amended upwards, analysts say.

Glasenberg’s rebuffs calls to lift Xstrata bid

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Glencore's Ivan Glasenberg said he hoped people would review the numbers and see his firm's $36.3bn bid for Xstrata truly represented a merger of equals.

Mandela, Zuma to face criminal charges

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Aurora’s Zondwa Mandela is to be served with papers that he defrauded the JSE, says the Joint Provisional Liquidators of Pamodzi, who added Khulubuse Zuma would also be in the firing line.

Exxaro forms IPP with India’s Tata Power

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Exxaro Resources has taken its first steps in developing an energy division by forming a joint venture to establish an independent power producer with India’s Tata Power.

Gold One offers $70m for First Uranium’s Ezulwini

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Gold One gives further signal it wants uranium as well as gold exposure after concluding its second uranium deal in the last 12 months.

AngloGold in $335m First Uranium swoop

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AngloGold Ashanti's offer, if approved, will take gold production some 80,000 oz/year higher in the short term, and uranium output to 4.5 million pounds annually.

Tsvangirai condemns Zim indigenisation

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Zimbabweans didn't have the resources to buy the equity on offer in terms of that country's indigenisation strategy, said prime minister Morgan Tsvangirai.