Implats set to retain Mimosa shareholding
Zimbabwe’s Saviour Kasukuwere said Impala Platinum’s involvement in Mimosa
was a matter for shareholders following confirmation that an indigenisation
proposal had been accepted.
Gold Fields expedites $340m Philippines deal
Gold Fields has paid $110m to exercise an option giving it 40% of the
Philippines-based Far South East copper and gold prospect.
Mali “coup’ knocks Randgold shares
Shares in Randgold Resources are trading down 15% following reports from
Mali that elements of the country’s military have mounted a coup attempt.
Firestone in new short-term debt deal
Firestone Energy says it has negotiated a short-term debt facility of $2.2m, provided by the holders of the company's convertible notes.
Mali soldiers say seize power after palace attack
Renegade Malian soldiers have gone on state television to declare they had seized power in a coup after the government's failure to quell a nomad-led rebellion in the north.
ENRC eyes fresh blood for board as costs bite
Kazakh miner ENRC plans to add "fresh blood" to its board as it seeks to draw a line under governance troubles that have hit its shares.
GEM pulls out of running for Ekati
GEM Diamonds said it would focus on doubling the capacity of its Letseng mine in
Lesotho rather than chasing the Ekati mine, the BHP Billiton mine currently under
the hammer.
Anglo seeking Oz, Indonesia coal assets
Anglo American was on the search for new assets in Australia, Indonesia and
Mozambique as prices for potential targets had come down, said Norman Mbazima,
head of the group's thermal coal business.
Glencore snaps up Canada’s Viterra
Glencore, the world's largest commodities trader, is buying Canada's leading grain handler, Viterra, in a cash deal valuing it at C$6.1bn.
Nogxina jets off to Mexico
Former Director-General at the Department of Mineral Resources, Sandile
Nogxina, is leaving South Africa this week to take up his new position as the
country’s ambassador in Mexico.