Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Sable to undertake rights issue at R1 a share followed by transaction at R5 a share
And, Anglo American suggests the use of renewables to cut carbon and create hydrogen
The rights issue that JSE-listed Sable Exploration and Mining is to undertake at R1 a share will be followed by a transaction at R5 a share, giving an immediate fivefold uplift to the shareholders of the company.
Sable Exploration and Mining CEO James Allan:
Anglo American Chief Executive has proposed the use of renewables to cut carbon and create hydrogen, and then the use of the hydrogen that has been created to replace diesel.
Anglo American CE Mark Cutifani:
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