Platinum Group Metals to raise another US$20m
Platinum Group Metals (PTM) is to raise a further US$20m through a “bought deal” with BMO Capital Markets after raising $25m through a previously...
Peter Skeat pushes ahead with Blyvoor Gold
Mining entrepreneur Peter Skeat is pushing ahead with plans to re-open the former Blyvooruitzicht gold mine despite the recent political setbacks which have raised...
Rockwell applies for business rescue to keep liquidators at bay
ROCKWELL Diamonds has applied for business rescue in an effort to keep an interim liquidation at bay whilst it waits for a hearing in...
Sibanye cuts Stillwater rights issue to $1bn as conditions improve
SIBANYE Gold confirmed today it had received US regulatory approval for its $2.2bn bid for Stillwater Mining and said it would restrict the rights...
South32 M&A push frustrated after Metropolitan deal abandoned
SOUTH32 has pulled the plug on a proposed $200m acquisition of the Metropolitan Colliery and 16.67% stake in the Port Kembla Coal Terminal from...
Pan African R705m book-build “materially over-subscribed”
PAN African Resources today completed a R705m book-build programme after placing 291.5 million shares - roughly 15% of the firm's shares in issue -...
BHP rebuts Elliott proposal arguing it would destroy $1.3bn in value
BHP Billiton delivered a robust rebuttal to calls by activist investor Elliott Management that it simplify its structure, saying the proposals could "... destroy...
Zuma reshuffle hits Exxaro which suffers S&P downgrade
THE controversial cabinet reshuffle by President Jacob Zuma on March 31, which included the firing of finance minister, Pravin Gordhan, took its first direct...
Lonmin, Amplats reap benefits of rand hedge status … for now
WITH a second credit rating downgrade for SA confirmed, it might be worth weighing up the pros and cons of the recent resuscitation of...
Bid for New Largo would be a different kettle of fish...
UK-listed firm Petra Diamonds built a business out of buying the assets De Beers no longer wanted to operate whilst for the Anglo company,...