750 contractors embark on strike at Northam’s Booysendal
ABOUT 750 contractors at Northam Platinum's Booysendal mine embarked on an unprotected work stoppage following a dispute over contract termination packages from employer, Murray...
Zimbabwe to debate ending state-control law for platinum, diamonds
A LAW in Zimbabwe that demands state control of platinum and diamond mines ought to be relaxed in order to achieve policy consistency, said...
SA platinum miners unfazed by latest supply/demand jolt
THE view of Royal Bafokeng Platinum (RBPlat) CEO, Steve Phiri, is that primary platinum supply from South Africa will continue to decline – by...
Agnelli family, with taste for icons, buys stake in Sibanye-Stillwater
AN investment company with shares in some of the world's most recognisable brands has taken a 5.4% stake in Sibanye-Stillwater, a development that may...
Shares in PTM’s Waterberg project set to change hands
SHARES in Platinum Group Metals' (PTM's) Waterberg project changed hands after the project's Japanese investor, Japan Oil, Gas and Metals National Corporation (JOGMEC) agreed to...
RBPlat’s Phiri “happy to see back” of former mines minister, Zwane
STEVE Phiri, CEO of Royal Bafokeng Platinum (RBPlat), delivered a less than fond farewell to former mines minister, Mosebenzi Zwane, saying at the firm's...
Eastplats to build Zandfontein chrome tailings plant for R164m
EASTERN Platinum (Eastplats), the platinum group metals firm that mothballed its operations in 2012, said it would mine and treat chrome-bearing tailings from its Crocodile...
Implats lowers full-year target as Lease Area losses loom large
IMPALA Platinum (Implats) hauled in its full-year production number by up to 100,000 ounces - about 6% of the production target set down at...
Northam moves into net debt of R1.7bn as drives expansion
CASH burn at platinum firm, Northam Platinum, accelerated in the six months ended December taking it into a net debt position of some R1.7bn...
Palladium to help drive Sibanye-Stillwater debt reduction effort
AS Sibanye-Stillwater's growth-by-acquisition strategy enters a period of hiatus focus has fallen on its efforts to deleverage the balance sheet, and consolidate its gold and...