Posts Tagged ‘mvelaphanda’

Northam Platinum Limited (Northam) announced today its firm intention to make an all share offer to acquire the entire issued ordinary share capital of its major shareholder Mvelaphanda Resources Limited (Mvela Resources) after the distribution by Mvela Resources of its 50.4% shareholding in Northam to its shareholders. This development follows the finalization of Mvela Resources' unbundling strategy. Full story

JOHANNESBURG (miningweekly.com) – The arbitration process between JSE-listed Mvelaphanda Resources and former shareholders of Khumama Platinum over a contractual dispute, would now continue to November.In May, the group said that it was confident that Full story

In a R2.2bn deal with Mvelaphanda Resources, Global Top 20 miner ENRC now leads the queue to the Booysendal platinum bridal suite. Full story

-- LSE-listed ENRC will buy a 12.2% stake in Northam Platinum from majority shareholder Mvelaphanda Resources for R2.2bn cash, clearing the way for the long-awaited unbundling by Mvela. Full story