IDC denies Wesizwe shares discount
The IDC has shed some light on its involvement in a series of transactions that led to the sale of Wesizwe platinum shares belonging to the Bakubung community.
Hulamin in R750m rights issue
Hulamin will conduct a R750m rights issue to cut debt levels and ensure growth for the semi-finished and fabricated aluminium products company.
ENRC buys Northam stake for R2.2bn
ENRC is to buy a 12.2% stake in Northam Platinum from Mvelaphanda Resources for R2.2bn in cash, leaving the way clear for the latter to begin an unbundling process.
Wesizwe, PTM close critical deal
Wesizwe and Platinum Group Metals have cleared the final hurdle that will allow them now to finalise deals to finance their platinum mines, which may include bringing in strategic partners.
GFMS sees firm platinum price
Gold Fields Mineral Services (GFMS) predicts continued strength in both platinum and palladium prices this year driven by investment demand and economic recovery.
Angloplat maintains target, sees market deficit
Anglo Platinum maintains its full-year production target of 2.5 million oz despite a quarter-on-quarter fall in output. It expects the platinum market to show a deficit this year on the back of strong demand.
Platinum surges to two-year high
Platinum surges to a two-year- high on strong auto demand and investor interest.
Hulamin announces Fourie’s successor
Hulamin, an independent producer of semi-finished and fabricated aluminium products, has announced the appointment of Richard Jacob as CEO with effect from July 2010.
Metorex raises $120m in clawback offer
Mid-tier mining company Metorex says that its clawback offer has been oversubscribed. A total of 822.96 million - or 329% - shares were subscribed for.
Platmin bolsters its war chest by $250m
Platmin bolsters its war chest with $250m as its consolidation plans take shape in the South African platinum sector.