Bauba Platinum shares surge as firm reopens chrome mine
SHARES in Bauba Platinum leapt 160% in the first hour of trade on the Johannesburg Stock Exchange on January 5 after the chrome and...
Is Nico Muller suited to the high level management of Implats?
THE appointment of Nico Muller as CEO of Impala Platinum (Implats) has drawn mixed reaction from the investment community with the focus falling on...
Eastplats cancels share placement as it squares off against HZT
Eastern Platinum (Eastplats) has cancelled the private placement of shares announced in October to raise $10.3m stating that “the company and the placee have...
Stillwater deal not the end of Sibanye’s growth ambitions
SHARES in Sibanye Gold lost nearly 12% on the Johannesburg Stock Exchange by midday as investors reacted to its R30bn cash bid for Stillwater...
Sibanye to buy Stillwater for R30bn, plans R10.3bn rights issue
SIBANYE Gold is to buy New York-listed platinum group metal (PGM) producer, Stillwater Mining Company (Stillwater), for $2.2bn in a deal that internationalises the...
Zimbabwe extends platinum tax deadline to end-2017
ZIMBABWE has again postponed a 15% tax on exports of unbeneficiated platinum group metals (PGMs) to 2018 so that miners can redouble their efforts...
Implats appoints Nico Muller as CEO, effective April 2017
IMPALA Platinum (Implats) has appointed former Gold Fields and Royal Bafokeng Platinum executive, Nico Muller, as its new CEO following the resignation of Terence...
Jubilee to deliver first platinum from Hernic plant in February
JUBILEE Platinum is on track to start commissioning its Hernic platinum recovery plant in December and then deliver the first platinum concentrates during February...
Amplats makes progress but Bokoni is unfinished business
ANGLO American Platinum (Amplats) has enjoyed a relatively successful second half of 2016 making strides in its portfolio restructuring and signing a wage agreement...
PTM impairs Maseve, fires contractor, but looks to better 2017
PLATINUM Group Metals (PTM) reported a less than smooth start to its Maeseve mine in its 2016 financial year impairing the asset for $41.4m...