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Labour, uncertainty kills Platfields deal

PLATINUM GROUP METALSby Jana Marais | Wed, 23 Apr 2014
LONG-RUNNING talks between platinum exploration company Platfields and an international funder have ended, raising the possibility that a rights issue may be required to ensure the future sustainabili Read ›

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  • Amplats, Implats offer R12,500/m by 2017

    PLATINUM GROUP METALSby David McKay | Thu, 17 Apr 2014
    South African platinum firms have offered to meet AMCU's R12,500 per month basic wage demand by 2017 in a move they said they could "ill afford". Read ›

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  • Aquarius unveils hefty discount in $225m offer

    by David McKay | 15 Apr 2014 - |
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     Shareholders in Aquarius Platinum will now deliberate over whether to accept the 66% discount offered today in a 2:1 rights offer aimed at destressing the balance sheet. Read ›

    Platinum offer 'won't break strike'

    PLATINUM GROUP METALSby Jana Marais | Tue, 22 Apr 2014
    A REVISED offer tabled by the world’s three biggest platinum producers, aiming to end a three-month strike, will be insufficient to get negotiators to a settlement before the elections on May 7, said Read ›

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  • 5 urgent 'to-do's' on Eskom CEO’s worry list

    by David McKay | 17 Apr 2014 - |
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     What to do about a state-owned utility called Eskom is the subject on everyone's lips again. First off, appointing a CEO. Secondly, addressing these crucial issues ... Read ›

    R&E to put PwC R150m deal to shareholders

    by David McKay | 16 Apr 2014 - |
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     Randgold & Exploration is to close another chapter on its infamous corporate past in a proposed deal with PwC which it alleged had failed to spot misappropriations. Read ›

    Master Drilling welcomes mechanisation talk

    by David McKay | 16 Apr 2014 - |
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     Master Drilings says strike activity in South Africa is obviously unhelpful but it may have some positive spinoffs if it results in mechanisation. Read ›
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