Northam Platinum likely to go to market for R3bn Booysendal – CEO

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...

Platinum BEE Mvela outlines plan to unlock R2bn as JSE tightens up

Debt-laden platinum empowerment company Mvelaphanda Resources (Mvela) on Thursday outlined a plan to unlock R2-billion out of its flawed pyramid structure that the JSE had ordered it to fix by August. Mvela executive manager: commercial James...

Northam, Mvela shareholders approve empowerment deal

JSE-listed platinum-miner Northam on Friday said that the requisite majorities of its shareholders and those of Mvelaphanda Resource had approved the empowerment deal involving the two firms and Anglo Platinum (Angloplat), and that the transaction...