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Implats reaches refinery wage deal with NUM

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Impala Platinum (Implats) – the world’s second largest platinum producer – has reached a two year wage settlement for its refinery operations near Springs...

Platinum mines finally taking drastic action – PwC report

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Profit margins on South African platinum mines dropped to 8.5% in 2016 from 9% in 2015 remaining at levels too low to be sustainable...

NUM joins AMCU in declaring platinum wage talks dispute

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WAGE talks in the platinum sector look set to drag on into a third month after the National Union of Mineworkers (NUM) today announced...

PTM lowers production guidance for Maseve, restructures debt

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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

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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...

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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

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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

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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

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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

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DOUBLING production at a cost of R7bn in the platinum sector may seem a demonstration of extreme optimism, but Northam Platinum CEO, Paul Dunne,...