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Epiroc to acquire South African underground rock reinforcement manufacturer

Epiroc has acquired Innovative Mining Products, better known as New Concept Mining – the South African manufacturer of rock reinforcement products for underground mining.
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Competition Commission recommends that Lonmin acquisition be approved

The South African Competition Commission has recommended that the South African Competition Tribunal approves the proposed acquisition of Lonmin by Sibanye-Stillwater, subject to certain conditions, which are agreeable to both Sibanye-Stillwater and the Commission.
Clarion Events

Clarion Events expands US presence with PennWell acquisition

Clarion Events has announced the acquisition of PennWell Corporation, a privately-held events and B2B media and marketing services company based in Tulsa, Oklahoma, USA. Clarion Events is owned by funds managed by Blackstone, one of...

Aquarius Platinum shareholders approve Sibanye takeover

The shareholders of Aquarius Platinum have approved the proposed deal by Sibanye Gold in October 2015 to acquire all of the shares in Aquarius for US$0.195 per share. The implementation of the Aquarius transaction however...

Sibanye Gold shareholders vote in favour of Rustenburg Operations acquisition

Dual-listed Sibanye Gold announced on Monday that the majority of its shareholders voted overwhelmingly in favour of the transaction in which it has agreed to acquire the Rustenburg operations from Anglo American Platinum, as...

Competition Commission approves CoAL merger with Universal Coal

The Competition Commission of South Africa has unconditionally approved the merger between triple-listed Coal of Africa (CoAL) and South African coal miner Universal Coal. This follows CoAL’s announcement on 26 November 2015 that it had offered A$126.4...

Liviero: The largest black-controlled multi-disciplinary contractor post acquisition

Transaction agreements have been signed for the black-owned Masimong Group – which is led by SA Chamber of Mines president Mike Teke – to acquire a 51% interest in the Liviero Group. The acquisition cost,...

Potential change in Hebei Zhongbo ownership could end Eastplats acquisition

Hebei Zhongbo Platinum Co.’s (HZP) acquisition of Eastern Platinum’s (Eastplats) South African PGM assets could possibly not proceed as first announced earlier this year. Another Chinese entity, Beijing Hehe, has claimed its intention to become...

Firestone Diamonds considers Tango’s request for acquisition time extension

Botswana - Tango Mining, the Canadian junior with diamond and coal projects in South Africa, has requested an extension on its original time frame request to acquire AIM-listed Firestone Diamonds Botswana operations. The conditional sale...

Universal Coal reiterates ‘take no action’ request, opens data room for rival bids

South African coal miner Universal Coal reiterated its take no action advisory to its shareholders on Thursday after IchorCoal tabled its takeover offer the previous day. IchorCoal, which already owns 29.9% of Universal Coal's issued...

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