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...
Froneman warns Lonmin deal is off should it fail cost out...
NEAL Froneman warned Ben Magara's Lonmin that failing to deliver on the platinum firm's restructuring plans would see the withdrawal of Sibanye-Stillwater's R5.1bn all...
How Griffith made Amplats fit the new Anglo American formula
COMMENTING in the firm's 2017 annual review, Anglo American Platinum (Amplats) CEO, Chris Griffith, described the company as "a fundamentally different business". There's no...
Amplats pays R900m dividend as five-year strategy bears fruit
ANGLO American Platinum (Amplats) placed the cherry atop its painful five-year restructuring strategy by paying a R900m dividend - equal to R3.49/share - a...
Ben’s bet only delayed inevitable Sibanye-Stillwater bid for Lonmin
IT looks as if Lonmin CEO, Ben Magara, saw the writing on the wall roughly three-quarters through 2017. Faced with the prospect that the...
Zimbabwe steadfast on platinum sector local ownership law
ZIMBABWE will not lift the 51% local ownership requirement - known as indigenization - for the country’s platinum mines, according to the country's newly...