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.
X2 Resources may add to $4.8bn warchest
X2 Resources lifted funds at its disposal to $4.8bn and said it was in discussions with other potential new investors.
Kibo plan builds case for East Africa energy
Tanzania is chronically short of power and recognises in companies such as the JSE's Kibo Mining the importance of public-private partnership.
Bindura may buy nickel from Zambia’s Munali
The Zimbabwean miner wants to kickstart the reopening of its base metals by treating ore from Munali Nickel mine in Zambia.
Wesizwe has BEE plan if Govt. wants increase
Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.
AMED II fund seeking brownfield projects
African Minerals, Exploration and Development said brownfield projects were a preferred investment target and platinum outside South African politics.
ContiCoal gets “offers” for SA mines
The fog hanging over the South African assets of Continental Coal may clear in the next few days in the wake of 'offers' for the mines.