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Platinum deficit widens in 2014, says WPIC

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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

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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

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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

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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

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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

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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

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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.

Lonmin stays axe, seeks to grow out of crisis

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Lonmin aimed to sell more platinum in 2015 than in its previous two financial years as its 'restructuring' consisting of harvesting old mines and improving newer ones.

Lazarus Zim, a man resurrected

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Two years ago, Lazarus Zim went to ground following the collapse of his Afripalm Resources. Today, he's back atop Northam Platinum's latest BEE incarnation.

Ivanhoe wins Platreef permit, halts job cuts

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Ivanhoe Mines would not proceed with the retrenchment of employees at the Platreef project after the South African government awarded it a mining right.