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Sibanye-Stillwater says miners stage underground sit-in

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MINING at Sibanye-Stillwater's Kroondal and K6 platinum group metal (PGM) mines has been disrupted after hundreds of employees staged illegal protest action, the group...

Tharisa is latest PGM miner aiming to tap buoyant gold

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THARISA is the latest platinum group metal (PGM) miner planning to tap the buoyant gold market. The JSE-listed firm is hoping a gold streaming...

Anglo to list Amplats in London to lessen ‘flow-back’

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ANGLO American will list its 79% owned subsidiary Anglo American Platinum (Amplats) in London in an effort to stem capital outflows when the group...

Amplats unbundling will create “opportunities” for rivals

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THARISA, a chrome and platinum miner, welcomed the proposed unbundling of Anglo American Platinum (Amplats) as it would create "synergies and opportunities". Amplats would be...

Tharisa slows Karo Platinum as PGM prices trough

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THARISA has slowed the development of its $391m Karo Platinum project in Zimbabwe owing to depressed prices for platinum group metals (PGMs). Commenting in the...

Implats concludes BEE transaction in Bafokeng assets

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IMPALA Platinum (Implats) on Monday confirmed the conclusion of a black economic empowerment deal as part of its takeover of Royal Bafokeng Resources (RBPlat)...

Share overhang the price of Amplats’ autonomy, says analyst

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THE proposed unbundling of Anglo American Platinum (Amplats) could result in a leaner, more cash generative company, but there could be an overhang in...

Amplats dives 8% following Anglo spinoff plan announced

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SOUTH African mines and energy minister may have warmed towards the unbundling of Anglo American Platinum (Amplats). Asked by Bloomberg News what he thought of...

Anglo to cut ties with Amplats, De Beers in historic restructure

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ANGLO American today announced a radical restructure – its most far-reaching in decades – in which it would demerge its 79% owned Anglo American...

SA platinum supply to fall 2% in 2024, says WPIC

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PLATINUM was heading for another supply deficit this year calculated by the World Platinum Investment Council (WPIC) at 476,000 ounces. The metal recorded a...