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ContiCoal scores R140m for projects

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Australian-listed Continental Coal said payment of R140m by its new empowerment partner had begun, capital that would be used to advance the company's projects.

Beacon Hill lists in Australia

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Beacon Hill Resources, a coal exploration and production firm, is seeking to broaden its investor base after having depository receipts listed in Australia.

Evraz reviewing steel price collusion claims

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Evraz Highveld Steel & Vanadium said it had mobilised its legal team to review a case referred by the Competition Commission that the steel producer had colluded with ArcelorMittal SA on price adjustments.

ARM withdraws offer as Modikwa wage talks stall

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African Rainbow Minerals said its Modikwa Platinum Mine had withdrawn from negotiations with the NUM amid a failure to resolve wage and work condition demands underway for months.

Nkwe still in talks over JV

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Nkwe Platinum says it is still finalising its joint venture and mine development negotiations.

Great Basin in R80m BEE tiff with Gold Fields

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A cancelled empowerment deal with Gold Fields is an unwanted spanner in the works of Great Basin, which also faced scepticism regarding production targets at its Burnstone mine.

Tribunal allows intervention in Petmin case

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Two players in the silica market have been granted leave to intervene in proceedings at the Competition Tribunal on Petmin's proposed sale of SamQuarz, reports Business Day.

Firestone turns down R1bn Tata Power bid

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Firestone Energy says its Waterberg project is worth at least R600m more than Tata Power’s valuation.

Zimbabwe Govt approves Anglo Pt Unki plan

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The Zimbabwean government has approved Anglo Platinum's proposal to comply with the country's indigenisation law.

Gold One secures financing for deals

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Gold One International says it has secured the necessary finance to settle the Rand Uranium and Ezulwini acquisition deals.