http://www.resourceinvestor.com/2007/09/06/chromium-platinum-group-metals-north-america-and-t

Here is an article I found, dated 2007, but I think it covers the situation with South Africa, and Xstrata...when the author referrs to RSA, read Xstrata...

Xstrata, is a Swiss company, not a mickey mouse interloper....Cliffs up against big time boys....far higher up the corporate ladder than KWG, and CLF...money talks, and they have it....