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...
Amplats to write-off R4.2bn Atlatsa debt, mothballs Bokoni
ATLATSA Resources Corporation (Atlatsa) will put its 51%-owned Bokoni Platinum Mines (Bokoni Mines) on care and maintenance which will remove an estimated 140,000 ounces...
Amplats to report refined metal backlog, R2.2bn in impairments
TECHNICAL problems in processing which lead to lower sales, and a stronger rand, would impact the interim earnings of Anglo American Platinum (Amplats), the...
PTM to seek more funds after $287m loss sends it to...
THE resolve of shareholders in Toronto-listed Platinum Group Metals (PTM) may be tested further after the company said on July 17 it may seek...
Cash up at Lonmin after Magara finds more “levers to pull”
LONMIN CEO, Ben Magara, said the platinum producer continued to find "levers to pull" following an improved third quarter mining performance in which net...
Tharisa forecasts stable chrome price as support returns
THE chrome price was forecast to further stabilise amid evidence that demand for the metal would remain strong, said Tharisa, the Johannesburg-listed platinum group...
PTM to slash jobs, downscale output as clock ticks on Maseve
PLATINUM Group Metals (PTM), the Toronto-listed mining company, is to reduce the production target of its Maseve mine in a restructuring that will affect...
Platinum Group Metals raises yet more funds as Maseve struggles
Toronto-listed Platinum Group Metals (PTM) is to raise a further US$20m through the issue of convertible notes making a total of $65m it has...