Aquarius’ Nel proposes cash for shares salary
Jean Nel, CEO of Aquarius Platinum, has proposed receiving shares over cash while the board wants non-executive directors to take a 10% haircut on their fees.
Shanduka unfazed by market as Lonmin deal nears
Shanduka Group is edging towards the completion of a feasibility study into
whether to take control of Lonmin’s Limpopo division.
Tharisa needs more of the same after record Q1 chrome output
THARISA started its 2024 financial year on a good production footing producing record amounts of chrome, a metal used in steelmaking.
The company said in...
Shares in Jubilee Metals up 8% as firm lifts earnings despite...
METALS processing company Jubilee said today it expects combined operational earnings to increase by 54% to £12.8m (74% increase to R266.5m) in the six months...
Workers stay away as Lonmin seeks peace deal
UPDATE: Fewer than one in seven Lonmin employees have turned up for work
as the company aims to have a peace agreement with all unions in place later
this week.
Implats in death scandal – Sunday Times
Impala Platinum is facing criminal charges, including culpable homicide, for its role in
the death of a mine worker, according to a Sunday Times report.
Zimplats calls for urgent dialogue over rights
Zimplats is seeking "constructive dialogue" with Zimbabwe's government over an end-March deadline to transfer 28,000 hectares worth of mineral rights.
NewGold platinum EFT tops 1 million oz
The product has now absorbed R15.6bn in platinum equal to roughly a fifth of South African primary production.
Eastplats delivers PGM concentrate to Implats after completing first stage plant...
EASTERN Platinum (Eastplats) said it delivered 64 tons of platinum group metal (PGM) concentrate to Impala Platinum following the commissioning of plant at its...
Pressure on PGM output this winter as Eskom warns of unprecedented...
SOUTH Africa could be plunged into stage 8 loadshedding during winter, according BusinessLive citing a presentation by the government-owned power utility Eskom today.
"The system...