Eastplats asks shareholders to repel proposed board coup
FACED with a potential board coup at its annual general meeting (AGM) on July 5, the chairman and CEO of Eastern Platinum (Eastplats), David...
Sibanye won’t soft soap unions after Kroondal strike ended
SIBANYE Gold said it would remain consistent in its treatment of unprotected strikes following a decision by the Association of Mineworkers & Construction Union...
Sibanye wins interdict against AMCU Kroondal strike
THE Association of Mineworkers & Construction Union (AMCU) has been prevented from rallying members to strike at Sibanye Gold's Kroondal platinum opeations.
This followed...
Lonmin feared to be in “vicious cycle” of under-investment
SHARES in Lonmin – up about 141% this year - have a long way to go before clawing back the dramatic losses suffered between...
Terence Goodlace to leave Implats by December
TERENCE Goodlace has tendered his resignation as CEO of Impala Platinum (Implats), a surprise development that was accepted at a company board meeting today....
Miners missing at Implats’ Rustenburg after ‘fall of ground’
TWO employees working at Impala Platinum's (Implats') Rustenburg 1 shaft are reported missing following a fall of ground at the operation this morning (May...
Lonmin advances, but Magara warns of testing wage talks
PLATINUM firm Lonmin's share price rose almost 15% in morning trade after it convinced investors it had kept its promise to restructure, cut costs,...
Platinum stockpiles to fall 19% to 2 million oz in 2016
PLATINUM stockpiles were forecast to fall a hefty 19% to about two million ounces this year as newly refined supply fell and investment demand...
Platinum shares forecast to ease further as realism dawns
THE rally in platinum producers Anglo American Platinum (Amplats), Impala Platinum (Implats), and Lonmin has been nothing short of impressive this year. The obvious...
WPIC bar, coin JV to grow platinum demand 100koz
THE World Platinum Investment Council (WPIC) and Swiss metal refiner, Valcambi, have signed an agreement to sell platinum bar and coins, primarily in the...