WUC to list as acid water issue burns DRDGold
In the battle of the acronyms, it’s TCTA that wins over WUC in the effort to head
off the threat of acid mine drainage in an affair that has more than dirty water
below the surface.
Metmar unveils R475m cash and asset investor
Investors who helped put Optimum Coal on the map are to pump R475m into
metals and minerals trader, Metmar.
Miller bids Keaton adieu
Keaton Energy MD Paul Miller has called its quits at Keaton Energy after a five-
year
stint, but promises to stay in junior mining.
Aggreko, Shanduka set out IPP gas plans
The UK independent power producer, and Shanduka Group, will provide Eskom
with important power as it seeks to catch up on its maintenance backlog.
Gold One minimising output disruption
Gold One International said it was taking steps to reduce disruption to output
following a strike, deemed illegal by the Labour Court, from June 3.
New First Uranium bid “has to top $450m’
A fresh bid for the control of First Uranium has to be backed by an unconditional
and fully financed offer of at least $450m, according to the company’s board of
directors.
Amcu ranks swell to 20,000, turns to Amplats
The Associated Mineworkers and Construction Union (Amcu) said it had a majority
at Impala, organisational rights at Lonmin, and had been asked by Amplats mines
to canvass for support there.
Ferrox appoints HSBC as adviser
Iron ore junior Ferrox Holdings has appointed HSBC as its financial adviser in
raising capital for the development of the group’s Tivani project in Limpopo.
Randgold is back to return to the future
Randgold & Exploration, once the unofficial piggy bank of the late Brett Kebble,
is promising to provide shareholders with some welcome distraction.
Trans Hex in another Angolan deadlock
JSE-listed diamond producer Trans Hex’s latest standoff with an Angolan partner
centres on expansion funding for its remaining operating asset in that country.