Friday, November 17, 2017

Anglo Platinum, the world's largest platinum producer, says 99.5% of its rights offer shares had been subscribed for under its R12.5bn rights offer.

Jubilee Platinum expects its loss per share and headline loss per share for the six months to end December 2009 to be between 70% and 73% lower compared to the previously reported corresponding period.

Village Main Reef Gold Mining has concluded binding agreements with additional shareholders in Lesego Platinum that together own 76.6% of the project's inferred resource for a total purchase consideration of R506.8m.

Platinum Australia, the Australian exploration firm developing platinum projects in South Africa, says that underground mining operations have recommenced at the Smokey Hills Mine.

Merafe Resources CEO Steve Phiri will step down at the end of March to become CEO of Royal Bafokeng Holdings' (RBH) new platinum company.

Platinum Australia says this week's strike should be over by Monday as a contractor grapples with its workers. The platinum junior's shares have taken a smack.

Platinum Australia, the Australian exploration firm developing platinum projects in South Africa, reports that strike action at its Smokey Hills mine in SA has halted almost all operations at the mine.

The South African platinum sector is starting to look up again, but what are the challenges and which stocks should investors be watching.

Mid-tier platinum producer Northam Platinum has confirmed that it is planning to spend R3.05bn on the development of its company-transforming Booysendal project.

UPDATE - Northam Platinum approves R340m spend for its R3bn Booysendal project ahead of the start of construction in July. The rand batters the company's interim results.