試す - 無料

Copper 360 proposes R1.15bn rights issue to restructure debt and boost growth

The Star

|

September 08, 2025

JSE-listed Copper 360, which operates in the Northern Cape, has proposed a R1.15 billion rights issue and a restructuring of its debt.

- EDWARD WEST

Copper 360 proposes R1.15bn rights issue to restructure debt and boost growth

The mining company said in an announcement to shareholders on Friday that it was in the process of restructuring, aiming to raise sufficient funding for shortand medium-term growth, reduce the debt burden to improve profitability, and mine several orebodies with achievable growth potential.

The share price slipped 1.4% to 70 cents on the JSE on Friday, well down from R3.25 that it traded at a year previously. Copper has surged onto the prospects of many mining groups due to raising demand for the metal in renewable energy technology, AI and data centres and due to its use in urbanisation and in infrastructure.

Copper 360's directors said the company is transitioning from an exploration company to a copper-producing junior miner, which requires additional capital.

The Star からのその他のストーリー

The Star

Cohabiting couples can claim joint estate

THE Supreme Court of Appeal in a recent judgment once again recognised cohabiting relationships, where couples are not married, and noted that the partnership does not need to be formal, such as in the case of marriage, before one partner can share in the joint estate accumulated during their cohabitation.

time to read

2 mins

October 14, 2025

The Star

The Star

Mbeki : It ‘hurts’ me when Operation Dudula blames foreign nationals for SA’s problems

FORMER President Thabo Mbeki says it hurts him when he sees Operation Dudula blaming foreign nationals for South Africa's problems, adding that the nation's challenges cannot be blamed on migrants.

time to read

2 mins

October 14, 2025

The Star

The Star

From 3-Step pioneer to global force: Thakzin opens ‘Gods Window’

THAKZIN, born Thabang Mathebula, has become one of the most recognised forces in South African music.

time to read

4 mins

October 14, 2025

The Star

Closed doors controversy: Madlanga Commission delays proceedings

THE Madlanga Commission was adjourned again yesterday morning following an application by media houses to stop the proceedings from being held behind closed doors.

time to read

1 mins

October 14, 2025

The Star

The Star

ASP Isotopes announces major expansion with new supply agreement and acquisition

THE JSE share price of ASP Isotopes, an advanced materials company that produces isotopes for various industries, surged by 28% to R210 on Monday after the announcement of a new supply agreement for enriched silicon-28 and a strategic acquisition.

time to read

2 mins

October 14, 2025

The Star

IMF meetings to begin under fresh cloud of US-China trade tensions

THE International Monetary Fund (IMF) and World Bank's semiannual gathering of finance ministers and central bank governors gets underway in Washington on Monday, against the backdrop of new trade threats from the world's two largest economies.

time to read

2 mins

October 14, 2025

The Star

Lunga Momoza: The most expensive intern in South Africa

MOST people in tech start a career as interns and ultimately they become CEOs and if they start a business they also become tech founders. It's rare for anyone to start as a founder and to later become an intern. This has been the case with Lunga Momoza, which makes him probably one of the most expensive interns in South Africa.

time to read

3 mins

October 14, 2025

The Star

A tribute and a transition: Fourie, Reddy, and the Book of Legacy

IN A WARM, meaningful exchange yesterday, Dr Leila Fourie, outgoing CEO of the JSE, handed me a copy of Architects of Influence: Women in Business, a fitting token from a leader whose tenure has embodied that very narrative.

time to read

1 min

October 14, 2025

The Star

How deadly N1 bus crash could have been avoided

Outcry over the accident that claimed over 40 lives, as calls for a thorough investigation mount

time to read

3 mins

October 14, 2025

The Star

Trio wins economics Nobel for work on tech-driven growth

The Nobel prize in economics was awarded on Monday to American-Israeli Joel Mokyr, France's Philippe Aghion and Canada's Peter Howitt for work on technology's impact on sustained economic growth.

time to read

1 min

October 14, 2025

Listen

Translate

Share

-
+

Change font size