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Wesizwe partner mismanaged accounts

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Millions of rands can't be accounted for by the Bakubung-Ba-Ratheo, Wesizwe Platinum's empowerment partner.

Absa caught up in ‘hijack’ tangle

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Banking group Absa is the second blue-chip company to become caught up in the alleged hijacking of Kalahari Resources by Sandi Majali.

Majali absent as Kalahari case starts

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Sandi Majali was allegedly 'out of the country' as a court convened to hear allegations and defence that he illegally removed Kalahari Resources directors.

Majali controversy extends to Anglo

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Allegations connecting Sandi Majali to certain company hijacking took a serious turn on Friday after it was discovered Anglo American representatives have been usurped from a firm Majali now controls.

Russian miner to list non-precious assets

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Russian miner Petropavlovsk is to list its non-precious assets, which include iron ore and titanium, on the Hong Kong exchange.

Simmers sells TGME

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Simmer and Jack Mines has sold its mothballed Transvaal Gold Mining Estates division to an unlisted junior mining company run by a former associate of Peter Skeat.

Simmers to sell Transvaal Gold Mining Estate

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Simmer & Jack Mines says that it has agreed to sell its wholly owned subsidiary, Transvaal Gold Mining Estates (TGME) to Stonewall Mining for R25m.

Northam strike continues with no end in sight

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The National Union of Mineworkers says a strike by over 8 000 workers at Northam Platinum has entered its third day with "no resolution in sight".

Petmin declares maiden dividend

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A solid set of results despite difficult trading conditions has put Petmin in the position where it could declare a maiden dividend while investing R120m at its Somkhele anthracite mine.

Wits Gold opts for De Bron

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Wits Gold has prioritised the De Bron project in the southern Free State for development and intends expanding it through the purchase of Merriespruit South from Harmony.