Xstrata heads to SA after failing to acquire LionOre
Wednesday, August 08, 2007
Reuters says the Swiss-based miner, which has failed to close two deals this year after a string of previous acquisitions, said it had secured the support of shareholders owning 51 percent of Eland.
Chief Executive Mick Davis told Reuters that deals were getting harder in the mining sector as cash-rich companies battle for assets, and that Xstrata was now mainly focused on delivering an investment pipeline which it estimated at around $28 billion (about P172.2 billion) - higher than some analysts had forecast. But he said Xstrata
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...