Sibanye-Stillwater’s Froneman prepared to intensify restructuring
SIBANYE-Stillwater was prepared to increase its cost cutting exercises were current commodity prices to persist or worsen.
Speaking to BusinessLive, the precious metal miner's CEO...
Lonmin advances, but Magara warns of testing wage talks
PLATINUM firm Lonmin's share price rose almost 15% in morning trade after it convinced investors it had kept its promise to restructure, cut costs,...
Hard going for Anooraq and Eastplats
The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.
Zim may offer unused platinum rights to Russia
Zimbabwe mines minister Walter Chidakwa said unused mineral rights by existing investors in the country would be handed to its newly acquired allies.
Atlatsa’s Bokoni sucked into strike contagion
Atlatsa Resources Corp’s Bokoni Platinum Mines said its workers had embarked on an
unprotected strike as yet another mine falls to industrial action.
Fitting that Lonmin taken out by empire-building Sibanye-Stillwater boss, Neal Froneman
ALTHOUGH Lonmin takes its leave after 20 years of trade, its origins are, in fact, much older, and full of colour.
Founded in 1909 as...
Platinum mines finally taking drastic action – PwC report
Profit margins on South African platinum mines dropped to 8.5% in 2016 from 9% in 2015 remaining at levels too low to be sustainable...
Union’s internal strife halts Lonmin mine
Lonmin says a dispute among officials of the National Union of Mineworkers has resulted in an unprotected strike at the group's Marikana operations.
SA Govt interest in Implats shafts “suggested” in restructure talks
IMPALA Platinum (Implats) said it had discussed the possibility that the South African government could participate in the purchase of shafts identified for closure...
Sable Pt backers say market will turn
It may seem folly to list a platinum exploration play while producers are closing
up shop, but mining’s a long-term game, say the people behind Sable Platinum.