a mining merge?

The two gold mining companies formerly headed by slain mining magnate Brett Kebble and now struggling to sort out fraud allegations of about R1billion are exploring a merger, they said last week. Randgold & Exploration and JCI have many links, including claims against each other for the alleged fraud committed by Kebble.

The two gold mining companies formerly headed by slain mining magnate Brett Kebble and now struggling to sort out fraud allegations of about R1billion are exploring a merger, they said last week. Randgold & Exploration and JCI have many links, including claims against each other for the alleged fraud committed by Kebble.

A merge could create a company with a net asset value of R2,87billion. - Reuters

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