21/10/2011 (On-The-Air)

Zambia's coloured gemstones have returned to world markets in a blaze of lucrative African glory; Tin is a new money-spinner in Rwanda, and a South African is leading Rwanda’s latest tin-mining boom; and South Africa has run into yet another...

Pallinghurst mulls London listing to boost lacklustre share value

Diversified resources investment company Pallinghurst is exploring the potential for a London Stock Exchange listing to provide some lustre to its dull share value in Johannesburg. The JSE-listed investment-holding company is battling to close...

Pallinghurst hints at fifth platform, won't 'slam project door'

The JSE-listed Pallinghurst appears to be developing an appetite for a fifth business pillar. In the past, Pallinghurst has said that its plate is full, but now there is a slight change of tone: “I don’t want to slam the door on projects that...

Pallinghurst shares rise on R1,3bn value uplift

The share price of the diversified JSE-listed Pallinghurst Resources rose nearly 4% before noon on Monday on the back of the R1,3-billion ($200-million) value uplift in the 12 months to December 31 of its platinum, iron-ore/manganese, coloured...

Pallinghurst prioritising 250 000 oz/y platinum, regional consolidation

The current priority of JSE-listed Pallinghurst is to achieve steady state production of 250 000 oz a year at the Pilanesberg platinum mine and to progress the consolidation of the northern Pilanesberg platinum region, Pallinghurst CEO Arne...

Pallinghurst's Platmin increasing platinum output 'to expectation'

JSE-listed Pallinghurst's platinum company Platmin was increasing its platinum group metals (PGM) output "to expectation", CEO Arne Frandsen said on Tuesday. Platmin announced in January that the reaching of full capacity of 250 000 PGM ounces a...

Pallinghurst secures R800m for platinum, steelfeed, gems, Fabergé

Diversified JSE-listed mining company Pallinghurst saw its share price fall nearly 3,5% on Tuesday when it announced that it would raise R800-million of new equity in a fully preplaced and underwritten rights offer. The company, chaired by mining...

Pallinghurst sets three-year timeframe for manganese project

JSE-listed Pallinghurst had entered into a manganese investment in the Kalahari Basin with the aim of creating a significant manganese operation within the next three years, the company said on Thursday, in announcing a staggering 769% rise in...

'Critically vital' platinum 'misunderstood' metal – Gilbertson

Platinum-group metals (PGMs) were a “very much misunderstood” group of metals that “the world just wouldn't operate without", platinum mining doyen Brian Gilbertson said on Wednesday at the listing of his new Pallinghurst Resources company...

Pallinghurst, Gemfields say reverse takeover making progress

Gemstone-miner and explorer Gemfields Resources has resumed trading on the London bourse's Aim market on Tuesday, after shares were suspended following the December 18-announcement of a reverse takeover by Pallinghurst Resources. Brian...

Gilbertson's Pallinghurst buys 55% of coloured-gem miner Gemfields

Pallinghurst Resources will buy 55% of Aim-listed gem-miner Gemfields Resources, in exchange for a 75% stake in the Kagem emerald mine, in Zambia, the company said on Tuesday.

Faberge appoints Mark Dunhill as CEO

Brian Gilbertson's Pallinghurst reunites ties between the luxury brand and the Faberge family.