Home News PGMs Page 107

PGMs

Amplats spells out full impact of 2015 pain

0
Anglo American Platinum numbered the write-off of Atlatsa loans and restructuring costs as among the most damaging to its 2015 full-year figures.

Implats 14 shaft shut after fatal fire

0
UPDATED - Impala Platinum confirms four deaths at 14 shaft which will be shut following a meeting with mines minister, Mosebenzi Zwane.

Impala facing rights issue if slump persists

0
Impala Platinum's balance sheet may be under fresh pressure if current platinum prices were to be maintained for another year.

Govt suspended platinum mining in Rustenburg

0
The mines safety inspectorate in the North West province said underground operations had to close - and then, unusually, changed its mine 24 hours later.

Lonmin $400m rights offer under-subscribed

0
Lonmin's controversial $400m rights offer was under-subscribed by some 30% with the firm's bankers now seeking to place the shares in the open market.

Tharisa to chase down 10% cost reduction

0
Tharisa produced a maiden full-year profit but said for the current year it would seek a 10% reduction in costs and overheads.

Sibanye undaunted by PGM price slide

0
Neal Froneman, CEO of Sibanye Gold, said his company remained committed to buying Aquarius Platinum and Amplats' Rustenburg operations.

VW fallout ‘greatly over-stated’ for platinum

0
The World Platinum Investment Council said there was as much upside as downside following the Volkswagen scandal on diesel engine autocatalysis.

Green light for Lonmin $407m rights offer

0
Lonmin's $407m rights offer received the green light from shareholders following an annual general meeting in London.

Relieved Magara commits to stem Lonmin outflow

0
Ben Magara, CEO of Lonmin, said the company had done the right thing and would be cash flow neutral in three years at current spot prices.