AMCU comes out swinging at Sibanye’s takeover of Lonmin
The Association of Mineworkers and Construction Union (AMCU) has attacked the proposed takeover of Lonmin by Sibanye-Stillwater threatening the kind of action in conjunction...
Neal Froneman plays hardball with the DMR on Lonmin takeover
Sibanye-Stillwater CEO Neal Froneman today effectively “threw down the gauntlet” to the Department of Mineral Resources (DMR) and local communities that are disaffected with...
Sibanye-Stillwater makes all-share bid to take over Lonmin
Embattled platinum producer Lonmin has received a “get out of jail card” from Sibanye-Stillwater which is making an all-share takeover offer for the company...
Grim times continue to hammer South Africa’s platinum miners
Anglo American Platinum (Amplats) has completed the disposal of two more of its unwanted assets but the stage is set for further restructuring in...
RBPlat bites lip as speculation grows it is being punished by...
THERE is speculation of significant distress at the platinum facilities of Royal Bafokeng Platinum (RBPlat), a black-owned mining company, that has tempted it to take...
Tharisa coming of age as gains payout, expansion momentum
PLANS by Tharisa to expand chrome production to two million tonnes annually would not compromise the sustainability of the firm's recently upgraded dividend policy,...
PTM mops up after $590m loss, needs $30m to settle debt
PLATINUM Group Metals (PTM) brought the curtain down on a most difficult of years in which it shelved and then sold its much-vaunted Maseve...
Tharisa amps up the payout policy, pays 5 US cent dividend
THARISA, a Johannesburg-listed platinum group metal (PGM) and chrome producer, delivered on a promise to revisit its dividend policy announcing today it would increase...
Muller brings new broom to Implats executive, but loses CFO
IMPALA Platinum (Implats) CFO, Brenda Berlin, is to leave the company after a seven year stint in the position, the Johannesburg-listed firm said in...
Platinum set for convincing swing into 270,000 oz deficit in 2018
A TWO percent decline in platinum production from South African and an increase in demand would create a 275,000 ounce supply deficit during 2018, said...