Page 85 - Impala News Today

HARARE (Reuters) - Zimbabwe’s miners face rising costs and persistent electricity shortages which will impact the sector’s growth prospects next year, an industry body said on Wednesday. The southern African country has pinned hopes on the mining sector to drive its economic recovery after...

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The safari days of yore

As Impala Platinum and Northam Platinum keep fighting for Royal Bafokeng Platinum.

South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum, the miner at the centre of an increasingly heated takeover battle.

The Competition Tribunal has approved the proposed merger between Impala Platinum and Royal Bafokeng Platinum.

The approval is subject to a "package of competition and public interest conditions".

Conditions include Impala honouring its current contracts and securing commercial terms for the renewal of contracts.

The competition tribunal said on Wednesday it has approved with conditions Impala Platinum's proposed acquisition of Royal Bafokeng Platinum.

HARARE (Reuters) - Zimbabwe’s miners face rising costs and persistent electricity shortages which will impact the sector’s growth prospects next year, an industry body said on Wednesday. The southern African country has pinned hopes on the mining sector to drive its economic recovery after...