Battle weary Lonmin slashes capex further
Lonmin has reined in capital expenditure for the next two years by another
23% as the company seeks to map its way forward following the events at
Marikana.
Lonmin stays axe, seeks to grow out of crisis
Lonmin aimed to sell more platinum in 2015 than in its previous two financial years as its 'restructuring' consisting of harvesting old mines and improving newer ones.
AMCU petition to be ‘strongly opposed’
South Africa's platinum producers said they would strongly oppose a petition launched by AMCU that they desist from communicating with the union's members.
Zimplats fears for its credit-worthiness
Zimplats fears its ability to raise loan finance will be jeopardised if it is forced
to localise all its offshore accounts to Zimbabwe.
Sibanye-Stillwater to post full year attributable profits of up to record-breaking...
SIBANYE-Stillwater is to report full-year attributable profit of up to R30bn for its 2020 financial year, a significant improvement over the R62m it reported...
Always the contender: Sibanye-Stillwater CEO, Neal Froneman, on turning 60
Sibanye-Stillwater’s CEO, Neal Froneman, turned 60 this year – an anniversary that’s hard to ignore. Seasoned though he may be, Froneman still gets cast...
Amplats’s cost conundrum continues
Anglo American Platinum’s battle to keep costs down carries on, with the company again raising its unit cost target for 2011.
Implats extends offer for RBPlat shares ending hopes of double-quick deal...
IMPALA Platinum (Implats) CEO Nico Muller's hopes of bringing the curtain down on the group's offer for shares in Royal Bafokeng Platinum (RBPlat) have...
Tharisa outperforms adjusted 2020 guidance, says rhodium exposure will help growth
THARISA brought its 2020 financial year to a strong close, the constraints of the Covid-19 pandemic in the third and final quarters notwithstanding.
Platinum group...
Platinum shares take off leaving pessimistic investors trailing in their wake
The recent and sudden surge in platinum share prices has caught investors by surprise and, according to Noah Capital Markets analyst Rene Hochreiter, has...