Northam’s Booysendal hits stride with 160,000 oz/year run rate
NORTHAM Platinum is expected to report a run-rate of about 160,000 ounces of platinum group metals (PGMs) from its Booysendal North UG2 project when...
RBPlat to start Styldrift I in 2017 citing “cautious” market optimism
ROYAL Bafokeng Platinum (RBPlat) is to press ahead with mining at its R10.5bn Styldrift project in January after delaying its commissioning last year, saying...
Lonmin yet to see restructuring boost, but sticks to 700koz target
LONMIN forecast it would meet full-year platinum sales guidance of 700,000 ounces for its 2016 financial year, but said that it had not yet...
Sibanye, Implats – a marriage of convenience in SA platinum
GROUND-sharing with Impala Platinum (Implats) has been highlighted as one of the best methods through which Sibanye Gold can extend its footpring in South...
Amplats’ slashes net debt 25% as restructure takes hold
ANGLO American Platinum (Amplats) slashed net debt a quarter, lifted free cash flow R3.2bn, and said an interested party was kicking the tyres at...
Implats extends debt to R4bn, eases rights issue fears
IMPALA Platinum (Implats) extended its debt facilities to R4bn in an effort to "provide comfort" it could redeem R5.5bn in convertible bonds which fall...
Mugabe takes Zimplats to court in effort to seize land
ZIMPLATS has been dragged to court with President Robert Mugabe seeking to finalise the take-over of nearly 28,000 hectares of platinum land claims belonging...
Jury out on whether AMCU has appetite for war of attrition
PLATINUM mineworkers’ current wage agreement with Anglo American Platinum (Amplats), Impala Platinum, and Lonmin came to an end on June 30, and the mining...
AMCU lifts curtain on platinum wage talks with R12,500 demand
THE Association of Mineworkers & Construction Union (AMCU) intends to kick off wage negotiations in the platinum sector on July 12 at Impala Platinum...
Eastplats to review $50m Barplats deal after ouster
EASTERN Platinum (Eastplats) is to review the "recently proposed transaction" to sell its Crocodile River mine for $50m to a Chinese company following a...