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...
Implats in line for R2.96bn fillip after A-1 court decision
IMPALA Platinum (Implats) is in line to receive a huge cash fillip after a US court awarded the platinum producer $201m, equal to R2.96bn,...
Implats shows signs of recovery after Shaft 14 fire
IMPALA Platinum (Implats) kept full-year production guidance at 1.42 million refined platinum ounces following third quarter output figures in which Zimplats shined, albeit it...
Atlatsa may cut staff 3,500, wins R334m lifeline from Amplats
ATLATSA Resources, a platinum development company, is to cut more than half of some 6,101 employees at its Bokoni Mines operation in the north-eastern...
Jubilee bags R230m in funding for PGM surface projects
JUBILEE Platinum has finalised its fund-raising of R230m through debt and share placements for two surface platinum-processing projects.
The first project, a chromite recovery section...
Sibanye platinum bids win Competition Tribunal approval
SOUTH Africa's Competition Tribunal gave its vote of approval to Sibanye's proposed takeover of Rustenburg Platinum Mines from Anglo American Platinum (Amplats) as well...
Amplats to tell unions that 2016 will be another tough year
ANGLO American Platinum (Amplats) CEO, Chris Griffith, doesn't expect the lengthy disruption of 2014 when his company sits down to wage negotiations with unions...
Platinum deficit to narrow for second successive year: WPIC
The global platinum market deficit would narrow for a second successive year but safety stoppages and interruptions stemming from wage negotiations would see South...
Decade long platinum slide will help us: Dunne
Paul Dunne, CEO of Northam Platinum, said massive under-investment in South Africa's primary production would underpin a price recovery by 2020.
RBPlat bemoans 13% price slide, fatalities
Royal Bafokeng Platinum said a slide in the average rand basket price and cost increases hurt the bottom line whilst it went back to basics on safety after deaths.