Gold ETF to list on SEM, set for further expansion

In its endeavour to meet demand and further its expansion into Africa, Absa Bank’s corporate and investment banking division will list its NewGold exchange traded fund (ETF) on the Mauritius Stock Exchange (SEM) this quarter, says the...

Ngezi platinum mine expansion, Zimbabwe

The expansion will increase the mine's overall throughput from 2.2-million tons a year to 3.6-million tons a year .

Company Announcement: Continental Coal Company Update

Continental Coal Limited the South African thermal coal production, development and exploration company, notes the recent trading in its securities and would like to update shareholders that it is not aware of any reason for the recent fall in its...

Ian Harebottle

Position: CEO Gemfields Main Activity of the Company: Coloured gemstone mining and promotion

Ngezi platinum mine expansion, Zimbabwe

Multotec has been awarded the order to supply a 12-way mill classification cyclone cluster to the Ngezi Phase 2 project.

Gold producer executes a mandate and term-sheet debt facility

ASX and JSE-listed gold producer Gold One International has executed a mandate and term sheet for a $65-million debt facility, with international banks Absa Capital, a division of Absa Bank, and BNP Paribas.

Investment bank lists 
on the BSE

The investment banking division of Absa Bank, Absa Capital has listed its NewGold exchange traded fund (ETF) on the Botswana Stock Exchange (BSE) in mid-July 2010.



Absa Capital lists NewGold ETF on Botswana exchange

Absa Capital, the investment banking division of Absa Bank, listed its NewGold exchange traded fund (ETF) on the Botswana Stock Exchange (BSE) on Tuesday. It listed 1,6-million NewGold securities on the BSE.

Wesizwe delays Frischgewaagd mine development

South African platinum junior Wesizwe has delayed the construction of its 350 000 oz/y Frischgewaagd-Ledig project, until market conditions improve and it could obtain sufficient funding for construction. The JSE-listed company initially planned...

Gold Fields raises R568m, says Absa Capital

The investment banking division of Absa Bank, Absa Capital, has raised R568-million on behalf of South African miner Gold Fields under the gold producer’s Bond Exchange of South Africa (Besa)-listed R10-billion domestic medium-term note...

Zimplats expansion, Zimbabwe

The expansion project will allow for the development of mining portals 1 and 4 at Ngezi.

Zimplats expansion, Zimbabwe

The expansion project will allow for the development of mining portals 1 and 4 at Ngezi, in Zimbabwe, including the construction of a new concentrator.