Articles Tagged "africa"

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 [...]