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Sibanye-Stillwater’s Thembelani shaft re-opens, but CEO irked by “impetuous” criticism

MINING at Sibanye-Stillwater's Thembelani shaft at its platinum group metals (PGMs) Rustenburg operations resumed today following an inspection by the Department of Mineral Resources...

Tharisa poised for “strong finish” as chases down 1.4m tons chrome...

THARISA CEO, Phoevos Pouroulis, said his company was poised for "a strong finish" to the 2019 financial year, which closes on September 30, after...

Investors waking up to platinum after metal trades at biggest discount...

THERE would be a narrowing in the platinum deficit to 345,000 ounces following a significant pulse this year in demand for platinum in exchange...

Northam raises R1.35bn under note programme, makes further in-roads into debt

NORTHAM Platinum said it had completed the private placement of domestic term notes worth R1.35bn in a book-build that was oversubscribed. The funds raised would...

RBPlat adopts modest dividend policy as BRPM cost struggles take gloss...

ROYAL Bafokeng Platinum (RBPlat) delivered on its promise at the half-year to resume dividend payments, but the policy adopted was modest - set at...

Froneman warns Sibanye-Stillwater’s mines could shut if not restored to full...

THE proposed relaxation of South Africa's lockdown regulations, possibly by month-end according to the country's president, Cyril Ramaphosa, can't come quickly enough for CEO...

RBPlat fine tunes 2018 PGM output to top-end of 280,000 oz,...

ROYAL Bafokeng Platinum (RBPlat) nudged down the top end of its full-year platinum group metal (PGM) production for its 2018 financial year to no...

Palladium hits record $1,600/oz after Russian bans scrap exports

PALLADIUM reached a record $1,600 per ounce on Tuesday after Russia announced it was planning to ban exports of precious metals scrap, said Reuters. “There...

Amplats fires 643 at Mototolo Mine amid eight-day unprotected strike

ANGLO American Platinum (Amplats) said today it had dismissed 643 employees at Mototolo Mine in the Limpopo province following unprotected strike action which began...

Cash flush platinum miners still have their reasons for striking a...

THE Association of Mineworkers & Construction Union's (AMCU's) expectations of a new wage deal for its platinum miners significantly over inflation will be high...