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/ 19 October 2007

JSE slightly firmer on miners

The JSE rose modestly at midday on Friday, helped by miners amid soaring metal prices with investors unfazed by talks that Wall Street was poised to open lower. At noon, the all-share index was up 0,61%. Resources gained 1,09% and the gold-mining and platinum-mining indices were up 1,14% and 0,81% respectively.

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/ 12 September 2007

Xstrata has support for Eland Platinum takeover

Xstrata has gained support for its -billion takeover of Eland Platinum Holdings from the South African company’s board, Eland said on Wednesday. ”The board is of the unanimous opinion that the terms and conditions of the offer are fair and reasonable to Eland shareholders,” the Johannesburg-based company said in a statement.