Pan African leaves other gold miners in the dust

2016-03-04 06:30

CEO Cobus Loots took the helm of Pan Africa Resources last year. The miner’s balance sheet is looking good and the company is even looking to expand its operations to the rest of the continent.

Shanduka on Lonmin: 'We chose not to pay'

2015-11-05 15:05

As Lonmin goes cap in hand to beg for a $400m bailout from shareholders to keep its struggling operations afloat, BEE partner Shanduka says it will walk away from its stake in the company.

Presidency hits back at EFF's Ramaphosa claims

2015-06-25 07:15

Deputy President Cyril Ramaphosa does not benefit from any processes associated with government's plan to fix problems at Eskom, the presidency has said in response to claims made by the EFF.

Lonmin COO resigns, board member quits

2015-02-24 16:04

Lonmin chief operating officer Johan Viljoen has resigned, the company has reported in a statement.

Shanduka to start on wind power plant

2012-11-22 09:23

Cyril Ramaphosa's company Shanduka and its consortium partners will shortly begin construction of a 73.8MW wind power project near Victoria West in the Karoo.


UPDATE: Shanduka 'committed' to Lonmin's BEE partner

2015-11-06 19:35

Empowerment group Shanduka says it remains committed to Incwala Resources, a BEE partner of struggling platinum miner Lonmin.

Lonmin - How Cyril never paid back the money

2015-10-22 16:15

Despite receiving over R1bn in dividends, advanced dividends and other loans, Lonmin’s BEE partner Shanduka is yet to repay a cent of the £200m (R2.3bn at the time) loan it was granted by Lonmin in 2010 to buy its stake in the platinum miner.

Ramaphosa said to sign deal for business stakes sale

2015-05-26 15:46

Deputy President Cyril Ramaphosa has completed talks for the sale of most of his business interests to a company led by MTN chair Phuthuma Nhleko, sources say.

Ramaphosa declares his millions

2014-09-17 18:40

Deputy President Cyril Ramaphosa has revealed that he has accumulated R76m in company shares and owns 30 townhouses in Johannesburg and two flats in Cape Town.

Molewa intervened in Shanduka row - report

2012-11-09 10:00

Minister Edna Molewa allegedly stepped in to prevent action against mining firms linked to businessman Cyril Ramaphosa over water licences, according to a report.

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