Afrimat cements its turnaround strategy
AFRIMAT has built a reputation over the years for being able to turn difficult assets around.
Time and again, the group has stepped into situations...
Expect more platinum price gyrations, warns WPIC
LAST year's record supply deficit in platinum is expected to narrow this year, but the precious metal will remain sought-after by investors amid complex...
Overlooked Tharisa, a PGM bull market bridesmaid
IN the volatile world of South African mining, and after a historic year on the JSE led by miners, few stories remain as compelling,...
Anglo Teck tipped for rerating as deal logic emerges
FULL marks for Duncan Wanblad’s powers of restraint. In an interview with Miningmx he could not be tempted into sounding a triumphant note notwithstanding...
The stunning rebound of South Africa’s PGM producers
EXACTLY two years ago, Northam Platinum CEO Paul Dunne, who is also president of the Minerals Council South Africa, warned that a severe squeeze...
Rio Tinto gives green light to RBM’s $473m Zulti South
RIO Tinto on Monday approved the expansion of its 74% held Richards Bay Minerals (RBM), an industrial metals miner, representing new investment of $473m...
Glencore Merafe extends deadline ahead of definitive power tariff
GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of...
Northam starts initial work on Zondereinde expansion
NORTHAM Platinum has approved a R500m capital programme that will provide it with an option to expand production at its Zondereinde mine to more...
Petra Diamonds warns rand strength a “major headwind”
PETRA Diamonds continues to leak cash as "subdued" market prices were made worse by a strengthening of the rand against the dollar - identified...
Northam Platinum to pay record R2.8bn interim dividend
NORTHAM Platinum declared a record R2.8bn interim dividend following a strong recovery in headline earnings for the six months to end-December.
The year-on-year improvement was...