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BEE flaws sank Aquarius Pt, China deal

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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

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X2 Resources lifted funds at its disposal to $4.8bn and said it was in discussions with other potential new investors.

Bindura may buy nickel from Zambia’s Munali

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The Zimbabwean miner wants to kickstart the reopening of its base metals by treating ore from Munali Nickel mine in Zambia.

Kibo plan builds case for East Africa energy

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Tanzania is chronically short of power and recognises in companies such as the JSE's Kibo Mining the importance of public-private partnership.

AMED II fund seeking brownfield projects

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African Minerals, Exploration and Development said brownfield projects were a preferred investment target and platinum outside South African politics.

Wesizwe has BEE plan if Govt. wants increase

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Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.

ContiCoal gets “offers” for SA mines

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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.

Rockwell signs $7.2m BEE deal, mulls growth

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Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.

Mzi Khumalo’s Metallon Gold on comeback trail

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Metallon Gold, the company owned by Mzi Khumalo, is planning acquisitions and growth in Zimbabwe despite the difficulties in operating in the country.

Sibanye turns focus to gold consolidation

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Neal Froneman, Sibanye Gold CEO, said only regional consolidation among gold producers could make further significant in-roads to industry costs.