Thabex applies for suspension
Thabex, the junior mining and exploration company, has made an application for the voluntary suspension of its listing on the JSE with immediate effect.
Gold One raises $65m loan
Gold One International has finally arranged the loan facility needed to cover its potential financial exposure to a $62.5m convertible bond issue which has been weighing down the share price.
CIC Energy awaits SA approval of IRP2
CIC Energy, says it has extended its engineering, procurement and construction (EPC) contract to allow time for South Africa to approve its second Integrated Resource Plan
(IRP2010).
Ex-Nkwe CEO dies in Congo plane crash
Craig Oliver, well remembered in SA mining circles from his time as Nkwe Platinum CEO, has been killed in a plane crash in the Republic of Congo.
Debt is Anooraq’s Achilles heel
Anooraq Resources' Achilles heel is the company's very high level of debt which management must reduce as an urgent priority according to a research report released by JP Morgan Cazenove.
Zimbabwe platinum poised for lift-off
Zimbabwe’s emerging platinum sector appears to be on the verge of a boom as Implats goes for the $500m second phase expansion at Ngezi and other potential mines wait in the wings.
Govt mulls wilderness mining application
As the search for mineral resources intensifies, another South African company has applied to dig in pristine wilderness; this time, in search of manganese ore.
China yet to approve SASOL coal-oil scheme
China's Ningxia region hopes building work will start this year on a major coal-to-oil project designed by South Africa's SASOL but central government has yet to give the go-ahead.
BHP, Rio agree higher iron ore royalty
Iron ore miners Rio Tinto and BHP Billiton agree to pay higher royalty rates to the Western Australian state government in return for approval for their $116bn joint venture.
