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Platinum miners’ optimism about the hole they’re in is misplaced

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YOU have to be an optimist to be a miner and the most diehard optimists in the business right now are those in platinum...

Implats heartened, but needs evidence Zimbabwe is changing

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EMMERSON Mnangagwa, who took over from Robert Mugabe as Zimbabwe’s president in November, is making encouraging statements to woo mining investors back. But after...

Third of SA platinum in “harvest mode” as industry crisis deepens

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IT would be difficult for South Africa to recover the ground it had lost in platinum market share because of the high cost base...

SA platinum miners urged to re-think beneficiation strategies

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PLATINUM miners are investing time and money in promoting hydrogen fuel cells, but South Africa is not a big enough market to absorb significant quantities...

Opinion split on best way into rock-bottom platinum market

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THE platinum market is now at such a totally depressed stage that it’s time to buy in, but analyst opinion is divided over whether...

RBPlat ices R944m rights issue as PGM rand prices deteriorate

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THE deteriorating condition of the platinum market for South African producers was demonstrated today in an announcement by Royal Bafokeng Platinum (RBPlat) that it would...

ARM, Amplats shocked by bus attack that killed six employees

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MINING companies Anglo American Platinum (Amplats) and African Rainbow Minerals (ARM) condemned a "senseless" attack on employees on April 2 in which six lost...

750 contractors embark on strike at Northam’s Booysendal

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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

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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

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THE view of Royal Bafokeng Platinum (RBPlat) CEO, Steve Phiri, is that primary platinum supply from South Africa will continue to decline – by...