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‘Devastating’ loss sends Implats into safety revamp

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A fire that cost the lives of four miners is part of a deterioration in safety standards described as "devastating" and which also cost 50,000 oz in production.

Zimplats calls for urgent dialogue over rights

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Zimplats is seeking "constructive dialogue" with Zimbabwe's government over an end-March deadline to transfer 28,000 hectares worth of mineral rights.

‘Neutral’ Lonmin shows $120m Q1 cash outflow

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Shares in Lonmin were untroubled as the market absorbed first quarter output figures. A worry, however, is another cash outflow, this time totalling $120m.

PIC defends Lonmin stake in Parliament

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The Public Investment Corporation defended its decision to take its stake in Lonmin up to about 30% saying it was keeping its eye on long-term prospects.

Amplats spells out full impact of 2015 pain

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Anglo American Platinum numbered the write-off of Atlatsa loans and restructuring costs as among the most damaging to its 2015 full-year figures.

Implats 14 shaft shut after fatal fire

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UPDATED - Impala Platinum confirms four deaths at 14 shaft which will be shut following a meeting with mines minister, Mosebenzi Zwane.

Impala facing rights issue if slump persists

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Impala Platinum's balance sheet may be under fresh pressure if current platinum prices were to be maintained for another year.

Govt suspended platinum mining in Rustenburg

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The mines safety inspectorate in the North West province said underground operations had to close - and then, unusually, changed its mine 24 hours later.

Lonmin $400m rights offer under-subscribed

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Lonmin's controversial $400m rights offer was under-subscribed by some 30% with the firm's bankers now seeking to place the shares in the open market.

Tharisa to chase down 10% cost reduction

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Tharisa produced a maiden full-year profit but said for the current year it would seek a 10% reduction in costs and overheads.