Rockwell, Zungu settle R60m debt dispute
Rockwell Diamonds will assume control of a mining asset owned by Sandile
Zungu’s African Vanguard Resources, bringing an end to the parties’ R60m
dispute over an unpaid BEE deal.
Carroll’s figures outperform Anglo
in 2011, Anglo American CEO Cynthia Carroll saw her own financial fortunes
rise considerably; she took home a 38% salary increase and received a
sizeable hike in shares.
Watchdog approves Glencore’s Optimum deal
SA's competition authorities has conditionally approved Glencore's takeover of Optimum Coal in a deal that values the company at close to $1.3bn.
Uranium (G)one
Not long ago, SA’s uranium entrepreneurs said supplying the world with fresh
production was just a case of flicking the switch. So how did the demise of the
industry come about?
Great Basin sweetens $50m share placement
Great Basin Gold has refashioned an earlier share placement, offering shares
more cheaply and adding a half warrant per share as a sweetener to a
disaffected market.
Great Basin in talks to bail out BEE partner
When it rains it pours for Great Basin Gold, which has had a C$50m share
placement interrupted by news its empowerment partner needs bailing out.
Transnet completes Rio Tinto wagons contract
Transnet has marked the shipping of the last 98 of 200 wagons and spare parts as part of an order by Rio Tinto.
Great Basin in talks to bail out BEE partner
When it rains it pours for Great Basin Gold, which has had a C$50m share
placement interrupted by news its empowerment partner needs bailing out.
Harmony Gold launches Esop
Harmony Gold Mining will give employees who work at the rock face up to 2.9% of its share capital.
Harry Winston, others circle BHP’s diamonds
Diamond miner and luxury jeweller Harry Winston is among several potential suitors circling BHP Billiton's majority stake in the EKATI diamond mine in Canada.