Company receives funding for exploration in SA

Emerging coalbed methane (CBM) developer Sunbird Energy was fully funded to start exploration work on its two flagship projects in South Africa, following its successful initial public offering (IPO) at the end of last year.

R15m centre to help support the disabled in KZN community

A R15-million facility, the Khayalethu Home of Love and Care for the disabled, will be built in KwaNzimakwe near Port Edward, in KwaZulu-Natal (KZN). The project represents the collaboration between the Department of Mineral Resources (DMR),...

Village foresees spectacular results from buy, fix, sell strategy

The JSE-listed diversified mining company Village Main Reef, fresh from its asset-merger with the diminishing Simmer & Jack, is intent on playing a very different game in South Africa’s mining sector, but one whose time may have come.

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...