Platinum Supply Determined By Africa’s Political Lines
CNBC reported an analysis of the world's platinum supply as it falls along Africa's political lines.
Articles Tagged "africa"
Impala Platinum Zimbabwe Unit Profit Jumps 15% on Metals Gain
Impala Platinum Holdings Ltd. (JNB:IMP) Zimbabwe unit posted a 15 percent increase in profit in its fiscal third quarter.
Zimbabwe’s mine ownership targets
Reuters Africa reports that foreign mining companies in Zimbabwe have been given six months to surrender 51 percent of their local equity to blacks in the country.
STOCK NEWS AFRICA-Wesizwe Platinum drops, sees FY loss widening
Reuters Africa reports shares in Wesizwe Platinum (PINK:WSZWF) fell more than 2 percent after the South African miner says it expects its full-year loss to widen to up to 10 cents.
Pan African breaks ground on platinum project
Mining Weekly reports gold-mining junior Pan African Resources (LON:PAF) broke ground on its Phoenix platinum project in South Africa.
China to Lead New Investment Wave in Africa
Mining Weekly reported that increasing investment into Africa's mining sector will likely be led by China.
For the First Time in World History Africa Looks Rich
Mineweb reported that the economies of the east are converging with the west in a competitive-dependency which has implications for Africa and for companies wanting to access its mineral wealth.
Nkwe Platinum Plans Dual List in HKEx
Nkwe Platinum (ASX: NKP), South Africa-focused platinum junior, has announced its Hong Kong Stock Exchange (HKEx) dual list plan. Nkwe is quoted saying: “The board of Nkwe believes that a dual listing on the HKEx would provide Nkwe with higher levels of shareholder liquidity and increased exposure to Asian capital markets and strategic partners looking [...]
SAfrica ANC Youth League President Pursues Mine Nationalisation in 2012
ANC Youth League president, Julius seeks nationalization of South African mines in 2012. This however, is worrying investors in Africa’s biggest economy — the world’s biggest platinum producer and the world’s number four gold producer. Malema is quoted saying: “I sit in the national executive committee… I know nationalization is on the agenda of the [...]
Chinese Group Takes Over Wesizwe Platinum
South African platinum explorer, Wesizwe Platinum Limited (Wesizwe), has agreed to be taken over by Jinchuan Group Ltd. and China-Africa Development Fund for $878 so that it can pay for its Frischgewaagd-Ledig project in South Africa. Michael Solomon, chief executive officer of Wesizwe is quoted saying: “The agreement will provide Wesizwe with the financial muscle [...]
