Red tape done in Anglo’s De Beers buyout
Anglo American says its $5.1bn buyout of the Oppenheimer family’s 40% stake
in De Beers has received all the necessary regulatory approvals.
Silicosis case comprises 1,500 claimants
The number of silicosis sufferers who want to sue Anglo American in London
now totals more than 1,500 according to Richard Meeran, the lawyer who is
driving the case.
Central Rand Gold looks to a second coming
Central Rand Gold may well become a modern-day Lazarus after being left for
dead by the markets barely nine months ago.
Gold Fields on track to achieve guidance
Gold Fields is on track to achieve its ouput guidance for 2012, after producing 862,000 oz of gold during the second quarter.
Xstrata asks for vote delay on Glencore deal
Global miner Xstrata has asked to postpone the July 12 special shareholder
meeting on its proposed merger with commodities trader Glencore.
Aquarius pleads with peers over cutbacks
Aquarius Platinum says it hopes other industry players follow its example and
cut unneeded production.
More delays to mining law revision
A member of parliament’s portfolio committee on mineral resources has poured
cold water on expectations that the long-anticipated revision of SA’s mining
legislation will be finalised by year-end.
DRDGold in R111m bond issue
The JSE has granted DRDGold a listing for a domestic medium-term note
programme, paving the way for the gold miner to raise R111m.
Watchdog approves Petmin’s SamQuarz sale
The Competition Tribunal has approved Petmin’s R259m transaction to dispose
of the SamQuarz silica mine.
Platinum workers dig in uncertainty
The scaling down of operations at Aquarius Platinum’s Marikana Shaft 4 has
brought uncertainty to the local economy of the community where the mine is
based.