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...
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...
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...
Valterra Platinum owed $100m by Zimbabwe
SOUTH Africa's Valterra Platinum is owed $100m in unpaid export proceeds by Zimbabwe's government even as Harare has begun making partial payments to clear...
Valterra spritzes up maiden year with R5.3bn special dividend
VALTERRA Platinum is to pay shareholders a special dividend of R5.3bn – R20 per share – taking its final dividend for the 2025 financial...
Northam expands credit facility to fund green energy
NORTHAM Platinum has increased its revolving credit facility R2bn to R13.3bn, giving the South African miner firepower to accelerate a renewable energy programme targeting...
Sibanye-Stillwater to recognise R5.3bn in impairments
SIBANYE-Stillwater will report another set of all-action but ultimately noisy financial numbers for its 2025 financial year on Friday.
Full year basic earnings will reflect...
US to slap duties on palladium imports from Russia
THE US will impose antidumping duties on imports of unwrought palladium from Russia, said Sibanye-Stillwater, the Johannesburg miner.
Citing a preliminary determination by the US...
Northam Platinum to report sharply higher earnings
NORTHAM Platinum expects interim earnings to surge following stronger production and sales performance during the six months to December, said Business Day in a...
Mind the gap: Sibanye-Stillwater plans new era
SIBANYE-Stillwater’s founding CEO, Neal Froneman, was an expert at reinventing mines. In 2013, he took on Gold Fields’s faltering mines following their unbundling, and...