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25th May 2012
GOLD 1572.67 $/oz
PLATINUM 1431.50 $/oz
R/$ exchange 8.41
R/€ exchange 10.53
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Northam Platinum likely to go to market for R3bn Booysendal – CEO
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http://www.miningweekly.com/article/northam-platinum-likely-to-go-to-market-for-r3bn-booysendal-2010-02-23
Article Headline:
Northam Platinum likely to go to market for R3bn Booysendal – CEO
Abstract:
JSE-listed platinum miner Northam was likely to go to the market to finance the proposed R3-billion 1 200-employee Booysendal platinum mine in Mpumalanga province, its CEO Glyn Lewis said on Tuesday. Lewis said in reply to mining analyst Nic Dinham that the timing of the expected equity raising was dependent on the timing of the proposed unbundling of its majority shareholder, Mvelaphanda Resources.
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