daphne mashile nkosilatest news & developments
Kalagadi Manganese debt dispute heads for arbitration
THE Supreme Court of Appeal has ruled that a multi-billion rand debt dispute between Kalagadi Manganese and its lenders must proceed to arbitration, dealing a blow to the miner’s…
IDC revives plan to list Foskor after phosphate producer posts profit
THE Industrial Development Corporation’s (IDC’s) hopes of floating Foskor on the JSE are starting to revive, after the phosphate producer reported its first profit since 2012. In…
Minerals Council says letter to Transnet’s Derby ‘mandated’ after Kalagadi quits industry body
THE Minerals Council defended a letter asking for the resignation of Transnet CEO Portia Derby in December, saying decisions of this order had the mandate of the organisation’s…
Kalagadi Manganese may sell assets to repay part of R3bn debt to IDC
THE Industrial Development Corporation (IDC) has agreed that Kalagadi Manganese sell some of its assets in order to help repay about R3bn in outstanding loans owed to the…