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Padenga diversifies into gold mining

Padenga Holdings Limited, has diversified into gold mining following the successful acquisition of a 50,01 percent shareholding in Dallaglio Investments (Private) Limited. The Zimbabwe Stock Exchange (ZSE)-listed firm has delayed publishing its financial results for...

CIMIC nears sale of Thiess stake

Looking over the Mt Owen site. Image: Thiess. CIMIC Group is in the final stage of negotiations with a new investor in Thiess as it looks to offload a 50 per cent stake in the mining services company. CIMIC group executive chairman Marcelino Fernández Verdes stated...