Lonmin may buy revenue – and time – in asset sale...
LONMIN states in its announcement on August 7 that proposals to sell the rights to some 500,000 ounces of platinum group metal (PGM) processing...
Lonmin to sell 500koz of processing capacity, eyes R500m overhead cut
LONMIN has set out further steps aimed at turning cash flow positive after capital expenditure which includes a R500m reduction in overhead costs by...
RBPlat BRPM shaft restructure delivers fresh blow to SA mining
ROYAL Bafokeng Platinum (RBPlat) is to restructure an unprofitable shaft at its Bafokeng Rasimone Platinum Mine (BRPM) which it shares in joint venture with...
Pan African to sell Phoenix to Sylvania Platinum for R89m
PAN African Resources (Pan African) has sold its platinum tailings retreatment facilities, Phoenix Platinum, to Sylvania Platinum for R89m in a transaction that would...
RBPlat confirms discussions underway for PTM’s Maseve
ROYAL Bafokeng Platinum (RBPlat) confirmed it was interested in buying the assets connected with Maseve, a platinum project built by Platinum Group Metals (PGM)...
Northam enters PGM recycling sector after R139m A-1 deal
NORTHAM Platinum has stepped into the platinum group metal (PGM) recycling business after unveiling a $10.7m (R139m) deal in which it will buy a...
RBPlat made offer for PTM’s surface infrastructure
ROYAL Bafokeng Platinum (RBPlat) made an offer for the surface infrastructure of Maseve mine, including a concentrator, which is owned by the beleaguered Toronto-listed...
Amplats exempt from supplying Zimbabwe’s Kell smelter
ANGLO American Platinum (Amplats) will complete construction of smelting facilities in Zimbabwe despite a pact between the government and Pallinghurst Resources that obliges platinum...
Amplats’ asset disposals should be unaffected by latest DMR move
The government notice published on July 18 aimed at prohibiting the change of control of existing mining and prospecting rights should not affect the final...
Anglo American Platinum plunges into the red
Anglo American Platinum (Amplats) plunged into heavy losses during the first half of 2017 as the group was clobbered by impairments related to its...