Wesizwe gets R91m from Chinese for platinum project

JSE-listed platinum junior Wesizwe said on Monday it had signed a R91-million interim funding deal with the Bank of China for the development of its flagship Frischgewaagd-Ledig project in South Africa. Wesizwe said in a statement that the...

Wesizwe gets R6,6bn Chinese funding for platinum mine

South African platinum junior Wesizwe on Monday announced that it had signed a deal with a Chinese consortium to provide it with a R6,6-billion, or $877-million, debt and equity financing package that would fund the development of its flagship...

2002 deadline for Moz titanium study

The R75-million bankable feasibility study for the Corridor Sands project in Mozambique, being undertaken by WMC and South Africa’s Industrial Development Corporation, should be completed early next year.