https://www.miningweekly.com

HUNGRY DRAGON

26th June 2015

By: Martin Creamer

Creamer Media Editor

  

Font size: - +

The Chinese dragon is reportedly still keen to devour more of the stressed assets sprawled across South Africa’s headgear country. Proposals by Chinese investors to buy marginal South African precious metals and mineral assets are popping up regularly but few are more visible currently than Heaven-Sent Capital’s hearty gobbling of Village Main Reef. MoneyWeb reported recently that the Chinese private equity firm’s acquisitive appetite has not been satisfied by taking over the gold and platinum Village, which in delisted form is now reheaded by Marius Saaiman, who had a go at running it prior to its privatisation. Heaven-Sent’s outbound departmental principal, Jeff Dong, has been quoted as saying that Village is the first morsel in the Chinese company’s search for more gold, platinum, diamond and other South African food, with energy and jewellery, for example, also potentially of interest.

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.04 0.575s - 109pq - 2rq
Subscribe Now