2,500 jobs at risk as Implats begins Rustenburg restructure
AT least 2,500 employees of Impala Platinum's (Implats') Impala Rustenburg may be affected after the firm unveiled the first of possibly several waves of restructuring aimed...
Implats to close Mimosa if Zimbabwe insists on 15% export levy
IT was "crunch time" for Impala Platinum's (Implats') Zimbabwe mine Mimosa which was under threat of closure as it could not comply with the...
Implats’ unveils restructure as low platinum price the “new normal”
NICO Muller, Impala Platinum (Implats) CEO since April, rang in the changes amid "a new pricing environment" for platinum unveiling plans to restructure both...
RBPlat to tap market for up to R1.4bn after agreeing Maseve...
ROYAL Bafokeng Platinum (RBPlat) has agreed to buy the Maseve mine from Platinum Group Metals (PTM) for $74m (R955.5m) in shares and cash with...
Capex cuts, inflation “beginning to bite” platinum supply
LOWER capital expenditure and above inflation cost increases among platinum miners were "beginning to bite", said the World Platinum Investment Council (WPIC) which today...
Magara adamant Lonmin can continue to find levers to pull
BEN Magara hasn't had many opportunities to crack a smile during his two years as Lonmin CEO, but at a recent breakfast meeting he...
Tharisa establishes closer technical ties with Lonmin
Chrome producer Tharisa is using its metallurgical and smelting technology to expand its business through agreements to run one of Lonmin’s chrome plants and...
Northam claims lowest cost position in SA platinum sector
Northam Platinum shares rose more than 4% to around R45.75 in trading on the JSE today after the release of annual results showing a...
Will Muller take the plunge and cut Implats’ loss-making platinum?
IT will be interesting to see how Nico Muller opens his account at Impala Platinum (Implats), the company of which he was appointed CEO...
RBPlat could offer up to R2bn for PTM’s Maseve mine
ROYAL Bafokeng Platinum (RBPlat) could offer up to R2bn for Platinum Group Metals' (PTM's) Maseve mine, a development that may eventually require another capital...