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South Africa’s August mining output down 12.7%

South Africa’s August mining output down 12.7%

Statistics South Africa (Stats SA) reports that the country’s mining production decreased by 12.7% year-on-year in August, with platinum group metals (PGMs), coal and iron-ore having made the largest negative contributions. PGMs production contracted by 22.5%,...
Forrestania Resources extends Zenith takeover bid

Forrestania Resources extends Zenith takeover bid

Forrestania Resources has extended its takeover offer for Zenith Minerals for a tenth time.  The off-market offer, previously due to close on 21 October, will now stay open until 5pm AWST on 12 November. Forrestania is offering one of its shares for every 4.3 Zenith...
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