GOLD 1572.58 $/ozChange: 6.93
PLATINUM 1434.00 $/ozChange: 10.50
R/$ exchange 8.40Change: 0.00
R/€ exchange 10.51Change: 0.03
 
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 Address to refer: http://www.miningweekly.com/article/wesizwe-gets-r66bn-chinese-funding-for-platinum-mine-2010-05-24
 Article Headline: Wesizwe gets R6,6bn Chinese funding for platinum mine
 Abstract: South African platinum junior Wesizwe on Monday announced that it had signed a deal with a Chinese consortium to provide it with a R6,6-billion, or $877-million, debt and equity financing package that would fund the development of its flagship Frischgewaagd-Ledig project. The company announced in September that it would delay the construction of its 350 000-oz/y Frischgewaagd-Ledig platinum-group metal (PGM) project until it could obtain financing for the project.
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