Amplats to test first fuel cell locomotive
Anglo American Platinum has showcased a fuel cell driven locomotive prototype, saying the move forms part of the company’s efforts to facilitate the development of new PGM applications.
Lonmin doubles profit, confirms guidance
Lonmin says operating profit more than doubled to $144m in the first half and confirmed sales guidance for 2011, despite an increase in safety stoppages.
Phiri adds RBPlat to list of Amplats suitors
Steve Phiri, CEO of RBPlat, said it didn't hurt looking "when your neighbour's house is on sale".
Anooraq suspends mining at Bokoni
Anooraq Resources said it had suspended mining at its Bokoni mine following the death of an employee.
Shabangu steps into Amplats fray
Susan Shabangu, mines minister, met with the Chamber of Mines and unions to discuss the resurgence of violence at Anglo American Platinum.
ARM expects headline earnings to fall
African Rainbow Minerals expects earnings per share for the 12 months ended June 30 to fall to 785 and 825 cents per share from 1.094 cent per share .
Lonmin’s Karee faces lengthy standstill
Production at Lonmin’s Karee shaft could still be disrupted for several weeks as the company starts to dismiss 9,000 workers involved in an unprotected strike.
Northam battles unit, capital cost hikes
The Booysendal project will now cost R3.9bn in today's money terms forcing the platinum producer, troubled by poor geology and rising costs, to seek additional debt finance.
Earnings growth drives Implats dividend
Impala Platinum has rewarded shareholders with a 46% increase in its total dividend, in line with headline earnings growth of 41%.
Implats loses 80,000 oz to date at Rustenburg
Impala Platinum says the violent labour dispute at its flagship Rustenburg operations has cost it 80,000 ounces in lost production to date.