Tharisa secures R1bn funding for plant
Tharisa Minerals has raised R1bn for a chrome and platinum group metal mine and
concentrator from HSBC Holdings.
Mandela, Zuma to face criminal charges
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.
Glencore unlikely to bump Xstrata offer
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.
Gold One offers $70m for First Uranium’s Ezulwini
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
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.
Mozambique rejects Rio barging plan
Plans by Rio Tinto to barge coking coal mined from its Riversdale operation down
Mozambique's Zambezi river have been scotched by the country's government.
First Quantum’s Kansanshi grinds to halt
Operations at First Quantum Minerals' Kansanshi, a copper mine in Zambia, have
been halted as labour demands 17% higher wages.
Implats lost revenue escalates to R2.5bn
Impala Platinum said some 120,000 oz in production had been lost following a
crippling strike equal to R2.4bn in lost revenue.
Tsvangirai condemns Zim indigenisation
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.
SA Govt adopting subtle pro-business stance
Behind the massive infrastructure drive that was recently announced in South
Africa is an evolving strategy that going pro-business is the only way to create
jobs.