Implats issues circular to RBPlat shareholders following unveiling of takeover bid
IMPALA Platinum (Implats) today published a circular to shareholders in Royal Bafokeng Platinum (RBPlat) providing details of its takeover offer unveiled last year.
As of...
Tharisa presses button on $250m Karo Platinum project after taking control...
THARISA pressed the button today on its Zimbabwe expansion announcing it had taken control of Karo Mining Holdings which owns the Karo Platinum Project.
The...
PTM sees off Africa Wide challenge that R1bn sale of Maseve...
PLATINUM Group Metals (PTM) has seen off a second legal challenge brought against it by Africa Wide Mineral Prospecting and Exploration (Africa Wide), a...
Implats pays handsome dividend despite production pressure, weaker PGM market outlook
IMPALA Platinum (Implats) declared a final dividend of R10.50 taking the total dividend for its 2022 financial year to R15.75 equal to 48% of...
Platinum to move into deficit in 2023 as supply constraints weigh...
PLATINUM would record a long-anticipated deficit in 2023 as demand from automakers rebounded and supply from South African primary production remained constrained.
Supply from Nornickel...
Northam flags risk of “more severe” power curtailments amid Eskom improvement
NORTHAM Platinum today flagged the risk of "more severe" power curtailments by Government's Eskom - but said self-generation facilities had been installed, or were...
Amplats says PGM prices to bottom out this year after sell-off...
ANGLO American Platinum (Amplats) said a major sell-off in platinum group metals (PGM) this year which has seen the dollar basket price fall 29% to...
Sibanye-Stillwater, Implats dismiss fears of “mine closures”
SOUTH African platinum group metal (PGM) producers say they have taken steps to minimise mine closures, but they also acknowledge the downturn in prices...
Implats halts mining after 2,205 miners stage underground sit-in
IMPALA Platinum (Implats) has suspended production at two shafts at its newly acquired Bafokeng Rasimone Platinum Mine as workers staged an underground sit-in.
About 2,205...
Sedibelo Platinum write-down forces ruby miner into the red
THE decline in platinum group metal (PGM) prices last year weighed heavily on Gemfields, the ruby and emerald miner which has a 6.45% stake...