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Implats appoints Nico Muller as CEO, effective April 2017

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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

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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

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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

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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...

Northam’s Dunne adds voice to SA mining distress call

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PAUL Dunne, CEO of Northam Platinum, added his voice to industry concerns regarding the condition of South Africa's mining sector saying investors were "getting...

Tharisa promises “considerable” cash growth after maiden payout

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CHROME and platinum group metal (PGM) mining firm, Tharisa, is to pay a maiden dividend of 1 US cent per share and said it...

Despite its best efforts, Lonmin remains a company in distress

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LONMIN, the Johannesburg-listed platinum producer, ended its 2016 financial year in a far better position than it began with net cash increasing to $173m,...

Platinum prospects diminish as 2016 deficit narrows: WPIC

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THE forecast deficit in the platinum sector would shrink this year but would nonetheless continue into 2017 - a sixth consecutive annual deficit, said...

Eastplats deepens loss after spending R31m in legacy issues

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EASTERN Platinum (Eastplats), a Canadian company now under the control of Chinese investment firm, Ka An Development Company (Ka An), said it had spent...

RBPlat’s Phiri adds voice to Section 54 stoppage scourge

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AFTER years of playing nicely, South Africa’s mining sector has come out strongly against state capture and other forms of corruption in the country,...