Zimplats Bimha to adopt new mining method
Zimplats, which is 87% owned by Impala Platinum, said it would adopt a new mining method at Bimha following the collapse of the shaft last year.
Lonmin to set the record straight
Lonmin intends publicly answering its critics over Marikana once the Farlam Commission report is delivered to President Jacob Zuma in March
10 questions for Impala’s Terence Goodlace
Terence Goodlace, Impala Platinum CEO, speaks on leadership, the importance of working through the ranks, and even his preference for salad over hot curry.
Platinum deficit widens in 2014, says WPIC
A study by the World Platinum Investment Council said metal demand outstripped supply in 2014 representing the third consecutive annual deficit.
Amplats to suffer one fifth earnings slide
Anglo American Platinum forecast at least a 20% decline in headline share earnings for its 2014 financial year owing to the five month strike in the sector.
Lonmin may need “drastic action” to pay debt
The UK platinum producer had a slew of debt due in 2016 which would require production cuts to service unless the platinum price improved significantly.
Council to lobby central banks to adopt platinum
The World Platinum Investment Council wants central banks to adopt platinum as a reserve asset and convert Chinese jewellery owners into platinum investors.
Atlatsa gets R422m capital lift from Amplats
The volatile platinum market may see Atlatsa Resources require additional funds from its shareholder for certain capex and working capital at Bokoni Mine.
Zim smelter hard to justify at PGM prices
Aquarius Platinum has not provisioned for investment in a PGM smelter in Zimbabwe which may put it on a collision course with the Southern African country.
Northam bets platinum can only get better
Northam Platinum's empowerment deal is bold and could presage exciting times for shareholders. But it's worth remarking it's not the risk-free. Far from it.