Village plans North American road show to fund gold/antimony expansion

Diversified junior Village Main Reef plans to embark on a road show to North America to raise equity capital for further expansion of the Consolidated Murchison (Cons Murch) gold and antimony mine. Village intends selling ten million new shares...

CEO Swanepoel sets out Village Main's platinum stall

JSE-listed platinum-mining aspirant Village Main Reef has rearranged its board. To The Point's Bernard Swanepoel is at the helm as CEO, supported by Umbono Capital's Dorian Wrigley; CFO Clinton Halsey; and mining engineer Dalu Ncube. The...

Swanepoel's Village bids for Lesego platinum, Metorex wants R750m for new copper growth, surface gold saves day for recovering DRDGold

Gold veteran Bernard Swanepoel is bidding for Lesego Platinum in Village Main's maiden foray into platinum. Swanepoel will join up with Phiway Mbuyazi, Roy Pitchford and Dorian Wrigley in this R411-million bid for control of Lesego, a company...

Bernard Swanepoel's Village bids R411m for Lesego platinum

JSE-listed precious metals miner Village Main has bid R411-million for the control of Lesego platinum. More than 205-million shares at a 200 c will be issued to settle the deal that will leverage the benefits of R142-million of capital Lesego has...

Lesego Platinum schedules JSE listing for July 31

Johannesburg-based hopeful Lesego Platinum will list on the main board of the JSE on July 31, the firm announced on Monday. Lesego's main asset is its Phosiri project, on the eastern limb of the Bushveld Complex.

Lesego appoints two new independent directors to board

Junior-miner Lesego Platinum has appointed Bill Nairn and Dr Oskar Steffen as independent directors of the board, the company announced on Monday. “This is good news for Lesego as we progress rapidly towards our imminent JSE-listing and...

Lesego Platinum planning $30m raising on JSE main board

A new independent platinum resource has been born, says Lesego Platinum CEO Phiway Mbuyazi, who intends listing Lesego on the main board of the JSE before the end of the second quarter of this year. Lesego Platinum currently has two shareholders,...

Emerging Lesego Platinum planning $30m Q2 raising on JSE main board, says CEO Mbuyazi

A new independent platinum resource has been born, says Lesego Platinum CEO Phiway Mbuyazi, who intends listing Lesego on the main board of the Johanesburg Stock Exchange before the end of the second qarter of this year.

Resource declaration set for this quarter as platinum junior prepares to list

Securing mineral rights for the increasingly exciting Phosiri prospect area, gaining capital of $5-million through private placement, and attracting some of the most sought after skills in the industry has ensured that the pipeline for junior...

Seismic reflection 'only viable' approach to

Although relatively costly, the seismic reflection technique Employed in brownfield or greenfield exploration for deep UG2 and Merensky reefs is regarded as the only viable geophysical approach.