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Major platinum cuts unlikely, says Griffith

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Anglo American Platinum CEO, Chris Griffith, said major restructuring in the South African platinum sector was unlikely "at these levels".

Northam agrees 13% wage lift at Zondereinde

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Northam Platinum grants NUM members a 13% lift to basic wages and allowances in year one at its Zondereinde mine where labour relations have been volatile.

Lonmin sinks as restructuring fails to inspire

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Pressure on Lonmin's share price continued apace with analysts saying its restructuring would fail to make it cash flow positive without a higher metal price.

Lonmin extends jobs cuts, slashes output 100koz

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Lonmin gave its frankest admission yet the future of the business was at stake without restructuring - a development that spooked investors who fled the stock.

Amplats ices projects in R6bn cost saving drive

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Anglo American Platinum unveiled a second wave of cost saving in which it would cut capital R600m and delay projects while keeping to output targets.

Amplats IPO keeps pressure on sale process

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Chris Griffith, CEO of Anglo American Platinum, said keeping the firm's options open on its non-core assets helped retain "pressure on the process".

RBPlat gives up 5% as interim loss hits home

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Shares in Lonmin lost about 12% taking losses for the last 30 days to over 40% while Royal Bafokeng Platinum said it would post an interim loss.

Platinum sector must get fuel cells into gear

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Faced with falling consumption of diesel cars and the rise of electric vehicles, now is the time for the platinum sector to deliver on long-standing fuel cell technology.

Dismay as Zim indigenisation talks stall

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South African platinum firms have been unable to progress indigenisation deals with the Zimbabwean government with both sides stuck over compensation.

Bokoni Mines on knife-edge as R422m deal fails

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The failure to supply R422m to Atlatsa Resources' Bokoni Mines had put the sustainability of the company at risk and triggered urgent refinancing discussions.