Incwala was touted as the future flagship of black mining in South Africa, and expectations ran high. More than two years and three chief executives later, however, little has happened.

Incwala Resources’ only asset is an 18% interest in Lonmin’s South African mines. At 11:40am, Mvela Group were trading at R9,50 per share, up 5,6% or 50 cents from Friday’s close, ...

EMPOWERMENT investor Incwala, which has so far failed to leverage any of the opportunities presented by its substantial investment in the platinum industry, was staying tight-lipped on its plans ...

Incwala Resources' chief executive, Arne Frandsen, said on Friday that negotiations around the completion of Incwala's deal to buy a 23 percent stake in Mvelaphanda Resources were progressing well ...

Incwala was formed through the sale by Implats of its 27,1% stake in platinum producer Lonplats to Lonmin and empowerment investors. Incwala's only asset is its 18% stake, worth R5bn, in Lonplats ...

Empowerment group Incwala Resources yesterday bought a 26 percent shareholding in Lonmin's Akanani platinum project in Limpopo from the Akanani empowerment consortium for R800 million.

Incwala was launched in September 2004 as the result of a spin-off of an 18 percent stake in the world’s third biggest- platinum miner Lonmin.

Lonmin said it would provide the loans through its operating subsidiary Western Platinum Ltd which would advance R242m to Incwala on or before September 30, and had committed a furtherh R242m on or ...

Incwala Resources Ltd., a black-owned South African mining investment company, said it appointed Zanele Mavusu Mbatha as its new CEO. She will replace Arne Frandsen, who quit in June, the ...

Swaziland is currently in the midst of its sacred Incwala ceremony, which many believe is crucial for the welfare of the country. However, the celebrations have not been without controversy ...

South African black-owned Incwala Resources has bought a 26 percent stake in junior platinum miner Akanani for 800 million rand ($114.7 million), it said on Wednesday.