Implats sounds warning on platinum supply crunch
Impala Platinum CEO Terence Goodlace has backed up the prediction made last week by Northam Platinum (Northam) CEO Paul Dunne that the platinum market...
Northam Platinum reckons the metal will boom again
South Africa’s mines will produce perhaps 4 million ounces (moz) of platinum in total this year compared with a peak output of 5.5m oz...
World wants platinum, says Northam’s Dunne of R7bn plan
DOUBLING production at a cost of R7bn in the platinum sector may seem a demonstration of extreme optimism, but Northam Platinum CEO, Paul Dunne,...
Amplats ‘morally compelled’ to stick with Zimbabwe BEE
COMPLYING with Zimbabwe’s ever-changing empowerment regulations – known as indigenisation – has been a major headache for platinum miners such as Impala Platinum and...
Atlatsa hit by up to 12 month delay at Bokoni, shuts...
ATLATSA Resources' operational travails at its Bokoni Mines continued in the six months ended June with the company electing to shut its Klipfontein opencast...
Cash burning Lonmin at risk if it agrees to double digit...
Analysts fear a hefty wage increase will heap further pressure on Lonmin which, try as it might, can’t seem to stop the cash burn...
Northam’s Booysendal hits stride with 160,000 oz/year run rate
NORTHAM Platinum is expected to report a run-rate of about 160,000 ounces of platinum group metals (PGMs) from its Booysendal North UG2 project when...
RBPlat to start Styldrift I in 2017 citing “cautious” market optimism
ROYAL Bafokeng Platinum (RBPlat) is to press ahead with mining at its R10.5bn Styldrift project in January after delaying its commissioning last year, saying...
Lonmin yet to see restructuring boost, but sticks to 700koz target
LONMIN forecast it would meet full-year platinum sales guidance of 700,000 ounces for its 2016 financial year, but said that it had not yet...
Sibanye, Implats – a marriage of convenience in SA platinum
GROUND-sharing with Impala Platinum (Implats) has been highlighted as one of the best methods through which Sibanye Gold can extend its footpring in South...