Northam raises R4bn for growth in BEE deal
Northam Platinum will issue new shares to complete a R6.6bn empowerment deal which also gives it R4bn in firepower as it seeks to double output in six years.
Northam could build R7bn warchest
Including debt, Northam Platinum could marshall R7bn in firepower as it seeks to grow Booysendal and possibly buy-in additional production.
Aquarius Platinum faces $118m bond rethink
Aquarius Platinum may be forced to refinance its $118m convertible bond or raise cash by issuing shares again, according to Goldman Sachs.
RBPlat R11bn Styldrift I project hit by delay
Logistical constraints will see Royal Bafokeng Platinum's Styldrift I project begin production ramp up in 2016 instead of 2015.
Ebola nears AngloGold Guinea mine
The gold producer said there had been no infections of staff and production continued at Siguiri, but there are fears elsewhere the world has responded too late.
Amplats lifts sales $100m post JM contract
Anglo American Platinum said it had grossed at least $100m more in sales after ending its contract with Johnson Matthey by removing discounts.
Lonmin rebut reveals R36.5bn money pit
Lonmin's claim it had to raise R17bn and could not have hid the profits claimed by the AIDC is part of the story of shareholders providing R36bn to buoy the sector.
UK investors to get BHP ‘Spinco’
BHP Billiton has agreed to take the company created from its proposed demerger to the UK market after shareholders asked for it.
Aquarius Pt $37m deal foiled by SA Govt.
Aquarius Platinum's plans to grow the business has been frustrated by the South African government, the sluggishness of which foiled a $37m asset sale.
BEE flaws sank Aquarius Pt, China deal
The proposed sale of Blue Ridge and Sheba's Ridge to a Chinese consortium could not be approved by the South African government owing to BEE shortcomings.