Competition Tribunal grants approval for Afrimat s acquisition of Lafarge South Africa cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Platinum group metals (PGMs) mining company Northam Platinum displayed graphs during Thursday’s presentation of half year results, which indicate that PGMs supply is on a hiding to nothing on the way to 2040. “There’s a systematic global primary supply problem and the scarcity of both new PGM resources and new mining projects will bite hard,” Northam Platinum CEO Paul Dunne warned during the presentation of results covered by Mining Weekly. (Also watch attached Creamer Media video.)
South Africa: JSE Suspends Delta Shares In the Interest of Shareholders allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
Trading in Delta Property Fund shares was suspended by the JSE on Tuesday, 15 December, adding more woes for a real estate company that has been hit by a multimillion-rand fraud and accounting scandal implicating former company executives.
In a Stock Exchange News Service (SENS) statement, the JSE told Delta shareholders that the company’s shares have been suspended with immediate effect, a decision the bourse has taken “in the interest of shareholders”.
Delta owns a range of office properties that are leased to government departments and entities. Delta listed on the JSE in 2012 with a share price of R9.60 but its shares are now a penny stock, dropping to 35 cents.