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Creamer Media Reporter


Dalny payment date extended to Oct Restricted

Aim-listed African Consolidated Resources (AFCR) and Falcon Gold Zimbabwe (Falgold) have agreed to another extension for the payment of an outstanding $7.5-million for AFCR’s acquisition of the Dalny mine and associated infrastructure in...
By: Creamer Media Reporter
Published on 22nd August 2014
 

Can Africa’s minerals sector be refined to reach its full potential? Restricted

South Africa’s minerals sector could be falling short of achieving its full potential owing to a failure first to correctly identify opportunities to increase stakeholder value and then to effectively bridge the gap between strategic business...
By: Creamer Media Reporter
Published on 22nd August 2014
 

Bushveld increases stake in Lemur Resources Restricted

Aim-listed Bushveld Minerals has increased its stake in ASX-listed Lemur Resources to 57.21%. The company has agreed to acquire a further 10-million shares in Lemur from vendors, including Azure Resources Fund, in exchange for 8-million new...
By: Creamer Media Reporter
Published on 21st August 2014
 

Resources Watch Restricted

AMCU knocking on door at Northam’s Zondereinde platinum mine. Sibanye Gold negotiating new work shift arrangements with unions. And, black-owned Merafe’s ferrochrome company entering sweet spot.
By: Creamer Media Reporter
Published on 21st August 2014
 

Chinese firm expresses interest in acquiring CoAL shares Restricted

Junior miner Coal of Africa Limited (CoAL) has acknowledged that a subsidiary of Beijing Haohua Energy Resource Company, which is listed on the Shanghai Stock Exchange, intends to acquire up to 215-million shares in CoAL at 5.5p a share. The coal...
By: Creamer Media Reporter
Published on 20th August 2014
 

Barend Petersen appointed Evraz Highveld chair Restricted

Barend Petersen has been appointed nonexecutive director and chairperson of Evraz Highveld Steel & Vanadium. This comes after London-listed Evraz last week announced that it would sell a 34% stake in the steel producer to South Africa-based...
By: Creamer Media Reporter
Published on 20th August 2014
 

Zimplats halts mining at Bimha Restricted

Zimbabwe-based platinum producer Zimplats has warned of a possible 70 000 oz drop in 2015 financial year production, after deciding to cease all mining activities at its Bimha mine with immediate effect. This decision was taken to ensure the...
By: Creamer Media Reporter
Published on 20th August 2014
 

On-The-Air (15/08/2014) Restricted

AMCU knocking on recognition door at only major platinum mine to escape the 5-month platinum strike; Labour unions embracing mechanisation at new Styldrift platinum projec; State-led Operation Hurry Up on the way for South Africa’s badly lagging...
By: Creamer Media Reporter
Published on 15th August 2014
 

AMEC Americas to undertake Ethiopia potash project design Restricted

TSX-listed Allana Potash has appointed engineering and project management company AMEC Americas to undertake the front-end engineering design (Feed) on its one-million-tonne-a-year muriate of potash (MoP) Danakil project in Ethiopia. This comes as...
By: Creamer Media Reporter
Published on 13th August 2014
 

Petra to start sales process for 122.52 ct blue diamond Restricted

The viewing process for the sale of a 122.52 ct blue diamond recovered at Petra Diamonds’ Cullinan mine, in South Africa, in June, would start on August 18. The viewing would continue until September 12, after which offers from prospective...
By: Creamer Media Reporter
Published on 12th August 2014
 

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