Dunne not finished as Northam edges to 1m oz/year aspiration
PAUL Dunne, CEO of Northam Platinum, said he saw other opportunities to consolidate platinum mining in the Western Bushveld in South Africa following a...
Northam extends Zondereinde to 30 years in R1bn Amplats deal
NORTHAM Platinum has agreed to buy mineral resources from Anglo American Platinum (Amplats) for R1bn that will enable it to extend the economic life...
Lonmin recovering, but Magara elusive on after-capex cash
THERE had been less safety-related stoppages at Lonmin's platinum shafts in the fourth quarter, and that the benefits of its restructuring had gained traction,...
Amplats stumped as SA platinum coin yet to materialise
IT'S been two years since former Impala Platinum marketing executive Derek Engelbrecht announced early stage plans to mint a Nelson Mandela platinum coin. Since...
Implats reaches refinery wage deal with NUM
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
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
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
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...