Investors back Sibanye as Stillwater numbers start to add up
EVEN by Neal Froneman’s standards, the last twelve months have been a frenetic, barn-storming type of a year. It started with the CEO of...
Lonmin’s solvency back in the mixer as embarks on shaft review
THE solvency of Lonmin has again been cast into the crucible after a non-cash impairment took the value of the business to $1.1bn -...
Lonmin says sexual harassment of women “common and pervasive”
LONMIN dismissed a report that the German chemicals manufacturer BASF may stop buying platinum group metals (PGM) from it stating that "... a firm...
BASF may end Lonmin relationship unless human rights tackled
GERMAN chemicals company BASF has threatened to terminate its relationship with Lonmin if the UK-listed platinum group metals (PGM) business fails to tackle community...
Implats to take R1.25bn refined metal hit after furnace kept offline
IMPALA Platinum (Implats) reduced its gross refined platinum production target to between 1.51 to 1.56 million ounces for its 2018 financial year following a...
Sibanye turns attention to growth strategy ahead of market shift
SIBANYE-Stillwater CEO, Neal Froneman, said the group had moved into a phase a growth even though the rest of the market was focused solely...
Lonmin confirms 1,000 jobs at risk as market pressures intensify
LONMIN confirmed it was cutting jobs in order to protect its operations against sustained low platinum group metal (PGM) prices and increasing cost pressures.
Reuters...
Implats unveils R2.6bn option for PTM’s massive Waterberg project
IMPALA Platinum (Implats) has made good on a promise in September that it would diversify its risk from its problematic Rustenburg operations by buying...
How Paul Dunne is taking Northam from minnow to 1m oz...
ACCORDING to scurrilous rumour, Northam CEO, Paul Dunne, was behind an attempted coup of Terence Goodlace when he was CEO of Impala Platinum (Implats)....
RBPlat storms back to form in Q3, but lets safety standards...
ROYAL Bafokeng Platinum (RBPlat) turned in a highly creditable third quarter operating performance taking platinum output up nearly 7% to 58,000 ounces, but it...