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.
Platinum exploration firm Anooraq says it has settled a dispute with Ivanplats over an agreement relating to the Rietfontein property located on the northern limb of the Bushveld Igneous Complex in South Africa.
Patrice Motsepe let the cat out of the bag at Monday's ARM results briefing when he unwittingly revealed the group's plans for Zimbabwe which had been kept under wraps until now.