“Persistent palladium deficit” bodes well for Sibanye’s R27bn gambit
SIBANYE Gold received a boost following publication of the GFMS Platinum Metals Group Survey which said palladium was in a "persistent deficit" and forecast...
Community protests put Impala Platinum’s Marula mine at risk
Continuing community unrest and protest action in Mpumalanga is threatening the viability of Impala Platinum’s (Implats) Marula mine and the operation is to undergo...
Platinum Group Metals to raise another US$20m
Platinum Group Metals (PTM) is to raise a further US$20m through a “bought deal” with BMO Capital Markets after raising $25m through a previously...
Sibanye cuts Stillwater rights issue to $1bn as conditions improve
SIBANYE Gold confirmed today it had received US regulatory approval for its $2.2bn bid for Stillwater Mining and said it would restrict the rights...
Lonmin, Amplats reap benefits of rand hedge status … for now
WITH a second credit rating downgrade for SA confirmed, it might be worth weighing up the pros and cons of the recent resuscitation of...
Platinum price troughed but recovery to be “slow” and “painful”
APART from Goldman Sachs, which is bearish, analysts are finding reasons to be cheerful regarding the platinum price which has troughed, they believed. However,...
Implats to collect R218m as A-1 case grinds on
IMPALA Platinum (Implats) has been awarded $16m (R218m) by a court in Pennsylvania after it won a case of fraudulent transfer relating to the...
PTM in strategic asset review as downgrades Maseve again
PLATINUM Group Metals (PTM) downgraded 2017 production at its Maseve mine and said there was a risk of strike activity at its milling operations...
Cash flush Tharisa to convert to owner-operator model
THARISA, a chrome and platinum group metal mining firm, is to buy a portion of the fleet operated by its mining contractor, MCC Contracts...
Pallinghurst to build PGM technology tipped to transform sector
PALLINGHURST Resources through its platinum investment Sedibelo Platinum Mine, together with Lifezone and the Industrial Development Corporation (IDC) are to press ahead with the...