trending Market Intelligence /marketintelligence/en/news-insights/trending/0vk-BQQMG3edxdAwN08G7A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Central Rand Gold: IPROP drops legal dispute over 2009 lease deals

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020


Central Rand Gold: IPROP drops legal dispute over 2009 lease deals

Central Rand Gold Ltd. said June 5 that IPROP Pty. Ltd. withdrew its application lodged with the High Court of South Africa Gauteng Local Division regarding a dispute over lease agreements.

In 2005, Central Rand Gold acquired Ferreira Estate Investment Co. Ltd. from IPROP and its subsidiary. Ferreira Estate holds the mining right that the company currently owns, and which is under renewal.

IPROP lodged an application in the court to have a settlement agreement that it entered with Central Rand Gold in 2009 over the lease dispute ratified.

The parties continued to negotiate to reach a commercially satisfactory arrangement, while IPROP removed the court hearing scheduled for May 19.

Following the withdrawal of the application, each party will bear its own legal cost.

Central Rand Gold noted that the company's cash position remains challenging and is considering a number of options to secure financing, which may include the sale of operating assets.

Meanwhile, the company's shares will remain suspended.