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Platinum buyers seek to limit SA output risk

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Royal Bafokeng Platinum CEO, Steve Phiri, made the alarming observation that his clients were buying recycled material because SA production was too risky.

Anglo net debt may spur Amplats sales

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Amplats seems to have upped the pace on its divestment programme, an interesting development that may be spurred by Anglo's concern with net debt.

Platinum CEOs say mechanisation not a panacea

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Mechanisation, whilst the mining method of the future, is not the panacea for all mines, say CEOs from Impala Platinum and Anglo American Platinum.

Implats unveils sweeping 5-year restructure

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Impala Platinum has unveiled a four-year restructuring of its Rustenburg mine in which it would merge shafts, slow development of another, and halve capex.

Lonmin to lose turnaround expert Viljoen

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Lonmin suffers a blow as its COO Johan Viljoen resigns less than a year after taking up the challenge of the group's operational turnaround.

Northam finds 500koz/year in growth

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Northam is out of the running for Amplats' Rustenburg mines but it has organic, low-cost growth approaching 500,000 ounces.

AMCU to get foothold at Northam mine

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Northam pin-points labour relations as complex and an operating risk just as AMCU wins recognition rights at the firm's key Zondereinde mine.

Jury out on platinum market surge in 2015

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The theory is that the platinum market will recover during the course of this year - a view which has its followers and detractors.

Glencore divests of Lonmin, cuts $1bn in capex

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Glencore is to unbundle its 23.9% stake in Lonmin to shareholders but said the distribution was not a dividend replacement.

Implats stands ground despite Zim levy threat

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Impala Platinum sent a letter to Zimbabwe's mines ministry in which it insisted a platinum refinery would take 18 months to build despite a 15% levy ultimatum.