PTM lowers production guidance for Maseve, restructures debt
PLATINUM Group Metals (PTM), the Toronto-listed platinum group metal (PGM) production and development firm, has restructured terms of debt it raised for working capital...
Amplats adds GTL firm to investment programme
ANGLO American Platinum (Amplats) has invested in a gas-to-liquids company that also produces hydrogen in such a way that it would lower the cost...
Amplats output to be 100,000 oz lower as furnace leaks at...
ANGLO American Platinum (Amplats) said metal production for its 2016 financial year would be up to 100,000 platinum ounces lower than 2.3 to 2.4...
Sibanye prepared affidavit before Section 54 reduced at Kroondal
South Africa's Department of Mineral Resources (DMR) reduced a Section 54 work stoppage at Sibanye Gold's Kroondal Platinum Mine in August after the precious...
Implats sounds warning on platinum supply crunch
Impala Platinum CEO Terence Goodlace has backed up the prediction made last week by Northam Platinum (Northam) CEO Paul Dunne that the platinum market...
Northam Platinum reckons the metal will boom again
South Africa’s mines will produce perhaps 4 million ounces (moz) of platinum in total this year compared with a peak output of 5.5m oz...
World wants platinum, says Northam’s Dunne of R7bn plan
DOUBLING production at a cost of R7bn in the platinum sector may seem a demonstration of extreme optimism, but Northam Platinum CEO, Paul Dunne,...
Amplats ‘morally compelled’ to stick with Zimbabwe BEE
COMPLYING with Zimbabwe’s ever-changing empowerment regulations – known as indigenisation – has been a major headache for platinum miners such as Impala Platinum and...
Atlatsa hit by up to 12 month delay at Bokoni, shuts...
ATLATSA Resources' operational travails at its Bokoni Mines continued in the six months ended June with the company electing to shut its Klipfontein opencast...
Cash burning Lonmin at risk if it agrees to double digit...
Analysts fear a hefty wage increase will heap further pressure on Lonmin which, try as it might, can’t seem to stop the cash burn...