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Kangnas Wind Farm and Perdekraal East Wind Farm, South Africa

29th June 2018 The Kangnas Wind Farm and Perdekraal East Wind Farm projects have reached financial close. 

Draft Broad-Based Socio-Economic Empowerment Charter For The Mining And Mineral Industry, 2018

25th June 2018 Authors: Fasken Senior Partner Lucas Moalusi, Managing Partner Blaize Vance, Partner Godfrey Malesa On 15 June 2018, the Minister of Mineral Resources, Gwede Mantashe gazetted the ‘Draft Broad-Based Socio-Economic Empowerment Charter for the Mining and Mineral Industry, 2018’, ("draft Mining... 

Mining Charter’s free-carried interest requirement worries industry

21st June 2018 Although changes have been made to certain sections of the latest draft of the third Mining Charter, some mining industry participants believe the charter will not benefit the industry. Unpacking the proposed ownership requirements for new mining rights as set out in the draft charter, in... 

Another two South African wind projects reach financial close

5th June 2018 A further two South African wind farms, with a combined investment value of R6.6-billion, have reached financial close following the signing of agreements for 27 renewable-energy projects on April 4. Global wind and solar company Mainstream Renewable Power announced on Tuesday that construction... 
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Emira delivers positive FY18 performance with 2.53% distribution increase

Real estate investment trust (Reit) Emira Property Fund’s distributions for the financial year ended June 30, increased by 2.53% year-on-year, despite persistently tough trading conditions. This increase, CFO Greg Booyens said on Wednesday, reaffirms the company’s turnaround and return to... 

Orion turbocharges Prieska study

The Sydney- and Johannesburg-listed exploration and development company Orion Minerals, which is developing a zinc and copper project at Prieska in the Northern Cape, on Wednesday announced the second tranche of its two-tranche share issuance to raise $7.86-million. The total $11-million capital... 
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