Billionaire Wiese sees opportunity to combine diamond mines 2016-08-23Christo Wiese, South Africa’s richest man, sees opportunities to consolidate diamond operations in the region after buying a stake in a Cape Town-based miner of the precious stones. Wiese, 74, has always been “fascinated’’ by diamonds and saw good value in Trans Hex Group Ltd., he said in an interview in Cape Town last week. “There are opportunities for consolidating diamond operations in southern Africa,’’ he said. “Obviously we will look at growing the business as much as we can.’’
Christo Wiese hopes to lure Trans Hex minority shareholders with R3.94/share bid. http://www.miningmx.com/top-story/27806-wiese-hopes-woo-trans-hex-minorities-r3-94share-bid/Â â¦ 2016-08-11
Christo Wiese hopes to lure Trans Hex minority shareholders with R3.94/share bid. http://www.miningmx.com/top-story/27806-wiese-hopes-woo-trans-hex-minorities-r3-94share-bid/ …
South Africaâs richest man buys stake in diamond miner Trans Hex 2016-08-08Christo Wiese, South Africa’s richest man, has formed a consortium of investors who plan to take control of Trans Hex Group, a diamond miner based in Cape Town. Cream Magenta 140 Proprietary Ltd. and Metcap 14 Proprietary Ltd., both backed by the Wiese family, bought a 47% stake in the company and will form a consortium with RECM & Calibre, which owns 25%, Piet Viljoen, a director of RECM & Calibre, said by phone Monday.
General 2015-05-10The Richtersveld operations includes the Bloeddrift, Reuning and Nxodap mines.
Nearby Location News
Vedanta Limited Production Release for the Fourth Quarter and Full Year Ended 31 March 2016 2016-04-11
MUMBAI, India, April 11, 2016 /PRNewswire/ -- Highlights Record annual production of Aluminium, Power, Silver and cathodes at Copper – India Entire power portfolio of 9,000 MW operational in March 2016 Operations: Oil &...
Tango sells South African diamond mine for $3m 2016-03-24TSX-V-listed Tango Mining has agreed to sell subsidiary African Star Minerals, which owns the Northern Cape-based Oena diamond mine, to South Africa-registered Bothma Diamante for $3-million. The transaction, for which Tango received a binding offer, comprised two stages, with Stage 1 comprising a binding term sheet and sale and acquisition agreement for contracting that would see Bothma continue the alluvial diamond bulk-sampling programme at Oena.
Oena Operational Update and Diamond Sales 2015-08-05
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 5, 2015) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) provides an update on ongoing bulk sampling program at the Oena Project ("Oena").
Tango Mining Limited: Oena Operational Update 2015-07-06
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 6, 2015) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) announces commencement of the bulk sampling program at the Oena Project ("Oena") following receipt of the required necessary regulatory and ministerial approvals, and the subsequent completion of the transfer of the controlling interest in African Star Minerals (Pty) Ltd. ("African Star"). ASM holds a 100% interest in the Oena project, Northern Cape Province, South Africa.
Tango Mining Limited: Bulk Sampling Program has Commenced at Oena Project, South Africa 2015-03-04
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 3, 2015) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce that the bulk sampling program at its Oena Project ("Oena"), Northern Cape Province, South Africa commenced in February 2015 on schedule.