Sibanye-Stillwater eases pressure with new debt covenants
SIBANYE-Stillwater has won some breathing space for its under pressure balance sheet after agreeing with lenders to raise thresholds over R6.5bn in company debt.
The...
Sibanye-Stillwater PGM miners end illegal sit-in
AN illegal sit-in at the platinum group metal (PGM) operations of Sibanye-Stillwater had ended, the group said on Wednesday evening.
All employees exited the Kwezi...
Amplats will “critically evaluate” projects after demerger
ANGLO American Platinum (Amplats) will "critically evalute" projects that might have been previously overlooked once it had been demerged from parent group Anglo American.
Anglo...
Sibanye-Stillwater says miners stage underground sit-in
MINING at Sibanye-Stillwater's Kroondal and K6 platinum group metal (PGM) mines has been disrupted after hundreds of employees staged illegal protest action, the group...
Tharisa is latest PGM miner aiming to tap buoyant gold
THARISA is the latest platinum group metal (PGM) miner planning to tap the buoyant gold market. The JSE-listed firm is hoping a gold streaming...
Anglo to list Amplats in London to lessen ‘flow-back’
ANGLO American will list its 79% owned subsidiary Anglo American Platinum (Amplats) in London in an effort to stem capital outflows when the group...
Amplats unbundling will create “opportunities” for rivals
THARISA, a chrome and platinum miner, welcomed the proposed unbundling of Anglo American Platinum (Amplats) as it would create "synergies and opportunities".
Amplats would be...
Tharisa slows Karo Platinum as PGM prices trough
THARISA has slowed the development of its $391m Karo Platinum project in Zimbabwe owing to depressed prices for platinum group metals (PGMs).
Commenting in the...
Implats concludes BEE transaction in Bafokeng assets
IMPALA Platinum (Implats) on Monday confirmed the conclusion of a black economic empowerment deal as part of its takeover of Royal Bafokeng Resources (RBPlat)...
Share overhang the price of Amplats’ autonomy, says analyst
THE proposed unbundling of Anglo American Platinum (Amplats) could result in a leaner, more cash generative company, but there could be an overhang in...