Home News Platinum

Platinum

Terence Goodlace to leave Implats by December

TERENCE Goodlace has tendered his resignation as CEO of Impala Platinum (Implats), a surprise development that was accepted at a company board meeting today....

RBPlat’s Phiri adds voice to Section 54 stoppage scourge

AFTER years of playing nicely, South Africa’s mining sector has come out strongly against state capture and other forms of corruption in the country,...

Implats stands ground despite Zim levy threat

Impala Platinum sent a letter to Zimbabwe's mines ministry in which it insisted a platinum refinery would take 18 months to build despite a 15% levy ultimatum.

Wage deal “imminent”: Mathunjwa

However some key issues remain unresolved including the length of the proposed wage deal said AMCU president, Joseph Mathunjwa.

Lonmin shares fall on nickel sales ban

Shares in Lonmin, the world's third-biggest platinum producer, fell around 3% as analysts say a South African government ban on its sales could be a serious threat to its business.

Zimbabwe moves to ban raw platinum exports

Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.

AMCU secondary strike campaign suffers blow as it backtracks at some...

EFFORTS by the Association of Mineworkers & Construction Union (AMCU) to hike the pressure on Sibanye-Stillwater through a seven-day campaign of secondary strikes suffered...

RBPlats to shut mill for ‘two to three weeks’

Royal Bafokeng Platinum said R4.5m in repairs to a concentrator at its Bafokeng-Rasimone mine would see ore stockpiled for three to four weeks.

Wesizwe, PTM close critical deal

Wesizwe and Platinum Group Metals have cleared the final hurdle that will allow them now to finalise deals to finance their platinum mines, which may include bringing in strategic partners.

Brown: Zimbabwe land rental fee ‘a mistake’

Impala Platinum CEO David Brown reckons the huge increase on land rentals proposed by the Zimbabwean government is a mistake because it will bankrupt the entire mining industry.