Amplats says rhodium surge heralds PGM price recovery
A ONE-fifth increase in the rhodium price this year could herald a broader improvement in platinum group metal prices (PGMs), said Anglo American Platinum...
Wesizwe delays audited numbers owing to cyber-attack
WESIZWE Platinum said on Thursday its audited annual financial statements would be delayed as it recovered from cyber-attack sustained last year.
The attack was "sophisticated"...
Amplats to trade as Valterra Platinum from May 28
ANGLO American Platinum (Amplats) will begin its life as a standalone company, demerged from parent Anglo American, on May 28 when it will trade...
Coronation reigniting interest in SA’s beaten down platinum stocks
THE slower adoption of electric vehicles has reignited Cape Town fund Coronation's interest in miners such as Impala Platinum and Northam Platinum, said Bloomberg...
The challenges facing Sibanye-Stillwater’s new boss
SIBANYE-Stillwater CEO-designate Richard Stewart told investors last month he has no plans to change the miner’s strategy. Having been with Sibanye-Stillwater for a decade...
Amplats’s special dividend was “not good governance”
SPECIAL dividends are usually grounds for investor celebration. In the case of Anglo American Platinum (Amplats), however, there is reason for pause.
On February 17,...
Northam Platinum to prosper as CEO forecasts hard slog
A R3200 per ounce decline in the average basket price of platinum group metals (PGMs) would derail Northam Platinum's Eland project, described by the...
Platinum stocks fall to four months as supply deficit looms
THE platinum market is heading towards another major deficit this year while above-ground stocks of the metal fall to only four months' worth of...
Northam declares interim dividend despite cash outflow
NORTHAM Platinum Holdings said on Friday it would pay an interim dividend despite a heavy decline in earnings and tripling in net debt to...
Implats seeks meeting with Zimbabwe govt over forex rules
IMPALA Platinum (Implats) is seeking a meeting with Zimbabwe president Emmerson Mnangagwa to discuss foreign exchange retention rules that make it increasingly difficult for...