Anglo nears sale of $1bn zinc business
Anglo American nears the sale of its $1bn-plus zinc businesses.
Implats retirees to boost ops
Impala Platinum has put two former executive stalwarts - ex-CEO John Smithies and former head of Rustenburg operations Paul Visser - back in harness as it strives to improve its Rustenburg operations.
Metmar acquires 40% of Zim Alloys Chrome
Metmar Africa, in which JSE-listed Metmar Limited, has acquired a 40% stake in Zimbabwe Alloys Chrome for $51.3m.
Wesizwe hunts partner, clears Solomon
Wesizwe hunts for a partner to develop its platinum project after its CEO Mike Solomon is cleared of any financial impropriety, clearing the air after a heated boardroom battle last year.
Eastplats loss narrows
EASTERN Platinum (Eastplats) on Wednesday reported a full year net profit attributable to equity shareholders of $5.7m compared to a net loss of $209.4m previously.
Lonmin shuts main furnace for month
Lonmin shuts its perenially problematic key furnace for a month but offsets production losses by starting up three smaller furnaces.
Jubilee Platinum H1 loss narrows
Mining exploration and development company Jubilee Platinum, has reported the narrowing of its first half headline loss to 0.11 pence a share from 0.37 pence a share the year before.
Platmin loss widens to $11.1m
Platinum junior Platmin, which is developing mines in South Africa, has reported the widening of its loss to $11.1m for the 10 months to end December 2009.
Angloplat sees a more “moderate” dividend policy
Anglo Platinum is learning from the past, so when it resumes dividend payments it will adopt a more 'moderate' policy, says its financial director.
Temasek invests $100m in Platmin
UPDATED - Singapore's Temasek invests $100m in Platmin, marking what promises to be the first of a number of investments in South Africa. Platmin is to raise a further $250m in a rights issue.