Petmin may go private following R894m private equity bid
PETMIN looks set to delist from the Johannesburg Stock Exchange following a takeover offer from a private equity firm which values the mid-tier coal...
AngloGold takes organic growth route with Tropicana output lift
ANGLOGOLD said it would increase gold production from its Tropicana mine in western Australia after extending the mineral reserves of the operation some 45%.
Annualised...
Pallinghurst weighs maiden dividend as manganese prices soar
SHAREHOLDERS in Pallinghurst Resources may kick off 2017 on a high after the Johannesburg-listed company raised the prospect of paying a maiden dividend owing...
Eastplats cancels share placement as it squares off against HZT
Eastern Platinum (Eastplats) has cancelled the private placement of shares announced in October to raise $10.3m stating that “the company and the placee have...
Nunn’s Kropz wary of “push back” as political noise grows
MIKE Nunn, the mining entrepreneur that brought us Tanzanite One which briefly stole the spotlight from diamonds, is back on our screens again as...
Coal price may force Eskom to review coal buying strategy
PRESSURE is growing on Eskom to change is coal procurement strategy in which it plays more directly in the spot market buying smaller volumes...
Stillwater deal not the end of Sibanye’s growth ambitions
SHARES in Sibanye Gold lost nearly 12% on the Johannesburg Stock Exchange by midday as investors reacted to its R30bn cash bid for Stillwater...
Sibanye to buy Stillwater for R30bn, plans R10.3bn rights issue
SIBANYE Gold is to buy New York-listed platinum group metal (PGM) producer, Stillwater Mining Company (Stillwater), for $2.2bn in a deal that internationalises the...
Zimbabwe extends platinum tax deadline to end-2017
ZIMBABWE has again postponed a 15% tax on exports of unbeneficiated platinum group metals (PGMs) to 2018 so that miners can redouble their efforts...
Glencore’s Rosneft deal signals return to deal-making
GLENCORE'S Ivan Glasenberg made a stunning return to deal-making after 18 months of austerity by joining its 9% shareholder Qatar Investment Authority (QIA) in...