Blast from the past

Article Abstract:

Tiny Rowland was chief executive of Lonrho, and has attacked the management of his old company over the planned merger with Imapala Platinum of Lonrho's platinum interests. Rowland has paid for advertisements criticizing this move, arguing that Lonrho's mining interests have been undervalued, and Lonrho could become less attractive to investors. The management denies these claims and argues that the merger will allow Lonrho to realise potential. Rowland holds a 6.5%stake in Lonrho, and will be able to vote with other shareholders on the issue in Nov 1995.

Platinum Group Ores, Platinum mining, Lonrho PLC

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Bushveld Alloys: not yet digging

Article Abstract:

Bushveld Alloys is a mining company from South Africa which is signing option agreements to to buy mineral rights on farms in the Bushveld complex of South Africa. The company has carried out a survey which has shown ore from Stoffberg, the location of the farms, includes titanium dioxide and pig iron, both of which enjoy strong demand. The company will still have to raise funds for a feasibility study and will need finance for exercising options.

Iron and Steel Mills, Blast furnaces and steel mills, Titanium Ores, Pig Iron, Titanium mining, Bushveld Alloys

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Murchison United

Article Abstract:

Murchison United has a strong track record, and should benefit from increased efficiencies. The group is still affected by the price of tin metal.

Tin Ores, Tin industry, Tin mining, Murchison United NL

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Subjects list: Management, Mining industry
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