Tharisa ponders “generous dividend” after record output
SOUTH African chrome and platinum group metal (PGM) producer, Tharisa, said it was "looking favorably" on a "generous" dividend when it unveils its year-end...
NUM secures date for arbitration on Sibanye-Stillwater’s Kroondal
SIBANYE-Stillwater and the National Union of Mineworkers (NUM) will enter into arbitration proceedings on November 2 after wage talks at the firm's Kroondal platinum...
Lonmin shares rocket as lenders grant 12-month covenant waiver
SHARES in Lonmin leapt 18% on the Johannesburg Stock Exchange after the platinum mining firm announced today its lenders had given it more leash...
Sibanye flicks switch on Blitz in effort to win over critics
SIBANYE-Stillwater has begun the strenuous process of winning over the hearts of critics who think it overpaid for Stillwater Mining - a transaction that...
Palllinghurst pins hope on chrome to stem Sedibelo cash drain
PALLINGHURST Resources will produce chrome at Sedibelo Platinum Mines (SPM) from November which would help it restore the operation to profitability after two years...
Sibanye seals $450m bond issue in last leg of Stillwater deal
SIBANYE-Stillwater is to issue $450m in convertible bonds on September 26 following a successful book-build which will see the precious metal miner apply the finishing...
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...