FSB imposes R150 000 insider trading penalty 
on adviser to coal junior

South Africa’s Financial Services Board (FSB) last week found that the designated adviser to Wescoal, Marius Meyer, had bought shares in the coal junior when he should not have.

Judge Frikkie Eloff found that Meyer had contravened Section...

Wescoal adviser found guilty of insider trading, R150 000 penalty

A designated adviser to listed Wescoal was on Wednesday found guilty of insider trading and made to pay an administrative penalty of R150 000. Judge Frikkie Eloff found that Marius Meyer, the designated adviser to the JSE-AltX-listed coal junior,...

Big Arizona manganese deposit promises low capital, operating costs

Canadian junior Rocher Deboule Minerals estimates it could produce electrolytic manganese from its Artillery Peak project, in Arizona, for less than $0,50/lb, which would put it among the lowest cost producers of the vital steelmaking ingredient....

Sallies plans R75m rights offer

Beleaguered fluorspar-miner Sallies will raise R75-million in a rights offer, the company, which was to have presented its interim results on Thursday, said in a note to shareholders.