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...
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...