Home Off The Wires

Off The Wires

Gold may rebound on safe haven demand

0
There may be a move towards safe haven investments such as gold following the acts of terrorism in Paris over the weekend.

Mahanyele to quit Shanduka Group

0
Phuti Mahanyele is to leave Shanduka Group in June after 10 years at the company in order to start her own business.

Rio Tinto to combine with Savannah in Mozi

0
Rio Tinto will combine its heavy mineral sands project in Mozambique with those of Savannah Resources.

Acacia signs $1m Burkina Faso exploration deals

0
Acacia Mining has extended its search for gold in Burkina Faso's Hounde Belt signing earn-in deals with Canyon Resources and Thor Explorations

BHP Billiton may face regulator sanctions

0
BHP Billiton said it may face regulator sanctions related to breaches of anti-corruption laws linked to the Beijing Olympics and terminated projects.

Forbes Coal to refinance bond, debt

0
Forbes Coal is to refinance debt with Resource Capital Fund, its shareholder, and Investec Bank handing the bank warrants that convert into shares.

Platinum Australia takeover back on track

0
The takeover of Platinum Australia by Jubilee Platinum will proceed following an out of court settlement with a disgruntled former contractor of the Australian firm.

ENRC founders aim bid at company

0
Eurasian Natural Resources Corporation's founders, and the Kazakh government, are planning a buyout of the company valuing it at $4.7bn.

AngloGold halts Blyvoor 5 shaft pumping

0
AngloGold Ashanti has stopped pumping activities at Blyvoor 5 shaft but will keep dewatering its neighbouring Savuka shaft by pumping two other Blyvoor shafts.

Mugabe condemns Russia sanctions

0
Robert Mugabe, Zimbabwe prime minister, said UN sanctions against Russia for its role in Ukraine was the work of "evil men".