Simmers empowerment 
partner wins sway in lengthy boardroom battle

Vulisango was as little known as Jaganda before it, and many tongues battle to get around the pronunciation of Xelexwa. But the combination of all those has won significant sway within the gold-and-uranium mid-cap mining company, Simmer & Jack...

Fighting Simmers factions reach compromise, end board battle

Gold-and-uranium mid-cap Simmer & Jack Mines on Friday resolved its shareholder dispute after the fighting factions reached a behind-the-scenes compromise ahead of what was poised to be a public showdown on February 1. In a joint statement,...

Simmers shareholders spoilt for choice as they get chance to vote in new board

The shareholders of Simmer & Jack Mines (Simmers) are being given the opportunity to vote in a new board of directors, and they appear to be spoint for choice. The opportunity to bring some of mining's biggest names on to the board of the...

Simmers, First Uranium separation under way – Khanyile

Processes had begun to ensure the separating out of the operations of Simmer & Jack Mines (Simmers) and First Uranium, new Simmers nonexecutive chairperson Vusi Khanyile told Mining Weekly Online at the weekend. Khanyile described the need to...

Vulisango rejects new Simmers board

Disgruntled Simmer & Jack Mines (Simmers) empowerment partner Vulisango on Monday rejected the new interim Simmers board. The JSE-listed Simmers last week announced Theba chairperson Vusi Khanyile as its new nonexecutive chair and Deon van der...

Simmers' EGM bid withdrawn after court application

The request for the issuing of a notice for the holding of an extraordinary general meeting (EGM) to unseat members of the board of JSE-listed gold junior Simmer & Jack has been withdrawn. The withdrawal on Friday follows an application by...

Johnson Matthey sees platinum, palladium deficits, Vulisango moving to unseat Simmers' gold board, rand-denominated gold, platinum, oil traded on JSE

Platinum authority Johnson Matthey foresees deficits on the way in both platinum and palladium. Read on page 12 of this edition of Mining Weekly of the company forecasting a platinum price of $1 280/oz to $1 550/oz for the next six months. Johnson...

Simmers seeking clarity on validity of meeting to remove directors

JSE-listed Simmer & Jack (Simmers) on Thursday moved to restrain Xelexwa – the company through which Vulisango Holdings held its Simmers shares – and its liquidators from convening a meeting to remove the directors of the junior gold company....

Vulisango wants Swanepoel to chair new Simmers board

Disgruntled Simmer & Jack empowerment partner Vulisango on Monday proposed that a new Simmers board be put in place at an extraordinary general meeting (EGM) of the junior gold company. Vulisango proposed that former Harmony Gold CEO Bernard...

JV part of miner’s aggressive and ambitious strategy to grow coal assets

Diversified miner African Rainbow Minerals Coal (ARM Coal) joint venture (JV) with Xstrata Coal in the Goedgevonden coal project is part of ARM’s aggressive and ambitious strategy to grow its presence in the coal industry, says ARM Coal CE...