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AMCU comes out swinging at Sibanye’s takeover of Lonmin

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The Association of Mineworkers and Construction Union (AMCU) has attacked the proposed takeover of Lonmin by Sibanye-Stillwater threatening the kind of action in conjunction...

Newsmakers of 2017: Sibanye-Stillwater CEO, Neal Froneman

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EVEN by Neal Froneman's merger and acquisition standards, the last 12 months have been astonishing for the Sibanye-Stillwater boss. In December 2016, he unveiled one of...

Bauba Platinum shares surge as firm reopens chrome mine

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SHARES in Bauba Platinum leapt 160% in the first hour of trade on the Johannesburg Stock Exchange on January 5 after the chrome and...

Decade long platinum slide will help us: Dunne

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Paul Dunne, CEO of Northam Platinum, said massive under-investment in South Africa's primary production would underpin a price recovery by 2020.

Pouroulis family launch third pass at platinum

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Tharisa Minerals is the latest company to roll off the conveyor belt of the Pouroulis family, led by patriarch, Loucas Pouroulis

Northam Platinum reckons the metal will boom again

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South Africa’s mines will produce perhaps 4 million ounces (moz) of platinum in total this year compared with a peak output of 5.5m oz...

PTM asks Amplats for indicative offer as considers Maseve sale

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ONE of the strategic options considered by Toronto-listed miner, Platinum Group Metals (PTM), regarding its struggling Maseve platinum mine in South Africa's Bushveld Complex...

RBPlat bemoans 13% price slide, fatalities

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Royal Bafokeng Platinum said a slide in the average rand basket price and cost increases hurt the bottom line whilst it went back to basics on safety after deaths.

Northam gives mind to reopening Eland as rhodium soars

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NORTHAM Platinum said it was "well advanced" in developing its mine plan for Eland Platinum, the purchase of which from Glencore was made unconditional...

Tharisa to pay R303m for MCC mining fleet purchase

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PLATINUM group metal (PGM) and chrome producer, Tharisa, confirmed plans to convert to owner-operatorship of its Tharisa mine near Rustenburg at a cost of...