Oakbay listing hanging by thread as JSE considers suspension
THE Gupta family company, Oakbay Resources and Energy (Oakbay), said it was "considering its options" following notice from the Johannesburg Stock Exchange (JSE) that...
Will BHP and others pay for ditching progressive dividends?
ONE of the observations regarding the investor activism being encountered by BHP – the mining firm that reaffirmed its Australian roots by dropping the...
Zwane to “take the Charter to the people” as miners absorb...
SOUTH African mines minister, Mosebenzi Zwane, is to embark on provincial roadshows in the next two weeks in order to "take the Charter...
Gemfields takeover battle shifts to make-or-break vote on June 26
AN independent committee formed by Gemfields has thrown down the gauntlet to Pallinghurst Resources by saying the Johannesburg-listed company may not win sufficient shareholder...
Sibanye sells $1.05bn bonds as Moody’s goes negative on Charter
SIBANYE Gold sold $1.05bn worth of bonds notwithstanding ructions in South Africa's mining sector following the publication of a new Mining Charter last week....
CoM embarks on long road to Mining Charter negotiating table
THE long and possibly torturous road in getting the South African government to renegotiate the third draft of the Mining Charter began in earnest...
Gemfields urges shareholders to accept Fosun 18% premium offer
GEMFIELDS has sought to win an improved offer from Pallinghurst Resources after recommending a formal offer for the company lodged today by Fosun Gold,...
Gold Fields hedges Aussie gold as volatility risks capex plan
GOLD Fields has hedged three-quarters of its Australian gold production for the second half of its financial year owing to volatility in commodity prices...
Shanta Gold launches $14m book-build to fund Helio takeover
Shanta Gold, a UK-listed mining firm operating in Tanzania, is to raise $14m through a share book-build the proceeds of which will be used...
Pallinghurst wins 61% support for controversial Gemfields bid
PALLINGHURST Resources has claimed enough support to make its $150m all-share offer for Gemfields unconditional with just over 60% of total shareholders in the...