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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.

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.

SA Govt adopting subtle pro-business stance

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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.

Mozambique rejects Rio barging plan

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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.

Implats lost revenue escalates to R2.5bn

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Impala Platinum said some 120,000 oz in production had been lost following a crippling strike equal to R2.4bn in lost revenue.

First Quantum’s Kansanshi grinds to halt

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Operations at First Quantum Minerals' Kansanshi, a copper mine in Zambia, have been halted as labour demands 17% higher wages.

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.