Reports reveal that the Blue Ridge platinum mine near Groblersdal on Monday delivered its first concentrate to Impala Refining Services. For full story, click here
Midtier platinum-miner Aquarius Platinum plans to raise between $233-million and $249-million through an equity capital raising and a convertible bond issue to help fund its proposed acquisition of Ridge Mining. For full story, click here
Aquarius Platinum Ltd., the world’s fourth-largest platinum producer declared that the company will raise as much as $249 million from bond and share sales to pay for its proposed acquisition of Ridge Mining Plc. For full story, click here
Aquarius Platinum Ltd (AQP.L) plans to make an all-share bid for Ridge Mining Plc (RDG.L) valuing the firm at 63.9 million pounds ($90.37 million) to expand its resource base and output. For full story, click here
Aquarius Platinum has stepped up its move on Ridge Mining, signing a letter of intent for an all-share bid for the UK-listed miner. For full story, click here
Ridge takeover, if successful, would help consolidate the large number of junior platinum companies at a time when larger deals have fallen through. For full story, click here
The Blue Ridge mine is expected to produce 75000 ounces of platinum a year. For full story, click here
Ridge Mining Plc, which explores for nickel and platinum in South Africa, delayed the development of a plant to process ore because of an accident. For full story, click here
Ridge Mining Plc, which explores platinum in South Africa, delayed the development of a plant to process ore because of an accident. For full story, click here
Tuesday, April 7, 2009