Investors clamour for Sibanye shares as palladium soars
SIBANYE Gold is to rellocate shares in terms of excess applications for its $1bn rights offer which was oversubscribed by nearly five times.
The precious...
Sibanye $1bn rights issue could see firm go backwards – Viljoen
THE jury was out on Sibanye Gold's $1bn rights issue the proceeds of which will be used to fund its $2.2bn takeover of US-based...
Amplats’ Griffith holding thumbs Govt will approve platinum coin
AFTER years of on-off negotiating, South Africa's platinum sector is no closer to extracting an agreement with its government on minting an investment coin...
Critical to take platinum out of market, says Sibanye’s Froneman
THERE was a "high degree of concern" for the economic viability of up to 300,000 ounces of Sibanye Gold's platinum group metal (PGM) production...
Tharisa seeks through the cycle profits, eyes payout lift
THARISA, a company that mines for chrome and platinum, was one of the best performing mining shares on the JSE last year largely owing...
Fear grows Lonmin edging to fourth rights issue in eight years
ANALYSTS remain as sceptical of Lonmin as ever judging by their comments following the platinum producer's half-year figures earlier this month in which cash...
Implats to refinance balance sheet as metal prices languish
IMPALA Platinum (Implats) is to refinance its balance sheet after it today announced the terms of two convertible bonds which will replace existing convertible...
Eastplats may open tailings plant as fends off legal claims
EASTERN Platinum (Eastplats) is studying the viability of processing chrome and platinum-bearing tailings at its mothballed Crocodile River Mine (CRM) and has retained SRK...
Sibanye offers $1bn rights offer at hefty 60% discount
SIBANYE Gold unveiled the terms of its $1bn rights issue which will help finance the proposed $2.2bn takeover of Stillwater Mining, a US-based palladium...
Zimbabwe adopts Pallinghurst blueprint for $500m in platinum beneficiation
THE Zimbabwean cabinet has today agreed to a proposal by South Africa's Pallinghurst Resources and the Industrial Development Corporation (IDC) that will lead to...