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Etango uranium project progressive

Quarterly activities reported for the last quarter of the year have recorded strong progress at Etango Uranium Project. The project developers Bannerman Energy says significant developments across a range of key work streams have been achieved. Brandon Munro, Bannerman Executive Chairman said the company is advancing towards a targeted positive …

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IDC Invites Buyers for 10% Stake in Namibia’s Rossing Uranium Mine

The Industrial Development Corporation of South Africa (IDC) has opened an Expression of Interest (EOI) process for the sale of its 10.2% equity stake in Rossing Uranium Limited, one of the world’s largest and longest-running open-pit uranium mines. Established in the 1970s, Rossing has been a cornerstone of global uranium …

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Saudi Consortium Seals R23bn Barloworld Takeover

The Zahid Group from Saudi Arabia has finalised its R23 billion acquisition of Barloworld, completing a landmark deal that will see the South African industrial group delist from the JSE and A2X and transition to private ownership under a Middle Eastern-led consortium. The acquisition was executed through Newco, a consortium …

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