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...
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...