Northam Platinum Holdings has trumped fellow JSE-listed miner Impala Platinum’s (Implats) agreement to buy out Royal Bafokeng Platinum (RBPlat) with its own US$1.1 billion deal for a major 33.3% stake in the South African PGMs producer. The controversial new sale of shares agreement between Northam and...
DRA Global has today listed on the Australian Securities Exchange (ASX) and Johannesburg Stock Exchange (JSE), following an A$11.7 million initial public offering (IPO). DRA’s managing director and CEO Andrew Naudé said that the dual listing had been in the pipeline for some time and would...
South32 (ASX, LSE, JSE:S32) has completed a US$200 million purchase of Peabody Energy’s Metropolitan Colliery in New South Wales, Australia. The Australian-based BHP Billiton spin-off, which had been on the hunt for new assets to add to its portfolio for some time, added that the deal...