Edition:
India

Helen Reid

UPDATE 2-Chrome ore producers criticise S. Africa's proposed export tax

22 Oct 2020

* Tax intended to boost struggling domestic ferrochrome industry

Anglo American's S.Africa unit faces class action over Zambia lead poisoning

21 Oct 2020

JOHANNESBURG, Oct 21 Anglo American's South African division is being sued over allegations of negligence at a lead mine it part-owned in Zambia nearly 50 years ago, according to a class action filed at South Africa's High Court on Wednesday.

Petra Diamonds shares fall on debt-for-equity deal

20 Oct 2020

Petra Diamonds has abandoned plans to sell the business in favour of a debt-for-equity restructuring, it said on Tuesday, sending its shares lower because of the deal's dilutive effect on existing stakeholders.

UPDATE 3-Petra Diamonds shares fall on debt-for-equity deal

20 Oct 2020

* Shares down 3.6% after dropping 18% at open (Adds analyst comments)

CORRECTED-UPDATE 2-Petra Diamonds shares slump on debt-for-equity deal

20 Oct 2020

Oct 20 Petra Diamonds has abandoned plans to sell the business in favour of a debt-for-equity restructuring, it said on Tuesday, sending its shares down as much as 18%.

CORRECTED-UPDATE 2-SMB-Winning aims to bring Guinea's Simandou iron ore to market in 2025

16 Oct 2020

JOHANNESBURG, Oct 16 China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron ore deposit into production by 2025, Société Minière de Boké Chairman Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project.

Glencore in talks with carmakers and battery makers about nickel, CEO says

16 Oct 2020

JOHANNESBURG Glencore CEO Ivan Glasenberg said on Friday that the company is talking with carmakers and battery makers about nickel - a key component in electric vehicle batteries which Tesla CEO Elon Musk has asked miners to produce more of.

Ghana plans $500 million London listing of gold royalty fund: sources

21 Sep 2020

LONDON/JOHANNESBURG Ghana, Africa's largest gold producer, is planning an up to $500 million listing of its gold royalty fund in London in October, though the deal could still run into political opposition, three sources familiar with the matter told Reuters.

Ghana plans $500 mln London listing of gold royalty fund - sources

21 Sep 2020

LONDON/JOHANNESBURG, Sept 21 Ghana, Africa's largest gold producer, is planning an up to $500 million listing of its gold royalty fund in London in October, though the deal could still run into political opposition, three sources familiar with the matter told Reuters.

UPDATE 1-AngloGold Ashanti says S. Africa gives "unconditional" approval for asset sale to Harmony

14 Sep 2020

JOHANNESBURG, Sept 14 AngloGold Ashanti said on Monday that the South African government had given "unconditional" approval for the sale of its South African assets to Harmony Gold, indicating it may be able to delist from the Johannesburg Stock Exchange.

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