Anatomy of the platinum strike … 10 weeks on
The strike called by the Association of Mineworkers & Construction Union is 10 weeks old. Here's a summary of the main features, quotes, and key facts so far.
Kalahari delay, write-offs lay Metmar low
Shares in the commodities trading and investment firm slid nearly 10% as write-downs and project delays hit the company hard.
Exxaro has cause to rethink $20bn target
Exxaro Resources is now worth a little under $5bn when once it targeted growth to $20bn. Is the company re-setting its sights amid a commodity climb-down...?
Atlatsa closes 2-year restructure on high
Two years later, Atlatsa Resources shows signs of an operational turnaround registering a $40m turnaround in free cash from its Bokoni Platinum Mines.
Equatorial to pare back $231m capital outlay
Leasing rolling stock and processing equipment would enable Equatorial Resources to cut its capital budget for its Mayoko-Moussandji iron ore project.
AMCU deal imminent, but job losses inevitable
Amplats CEO, Chris Griffith, said the 10-week strike almost certainly involved more job losses but added that he felt a wage deal was around the corner.
Northam closes in on R3.4bn BEE revamp
Northam Platinum is edging towards empowering 22% of the company after its previous BEE partners sold their shares to avoid breaking bank convenants.
Impending Pt recovery to spur Sedibelo listing
Brian Gilbertson, chairman of Pallinghurst Resources, said its Sedibelo Platinum Mines would list once a platinum supply deficit had kicked in.
Doornkop tragedy, safety fears hit Harmony
The March quarter will be a blow to the aspirations of Harmony Gold to thrive at a lower gold price with production hit by safety fears, flooding and stoppages.
Tharisa seeks R1bn in April JSE listing
Tharisa is to join the main board of the JSE on April 8 where it will raise R1bn to repay debt, and develop its chrome and platinum Bushveld complex mine.