Home News Platinum Page 125

Platinum

PTM, Implats extend study into Waterberg JV in effort to boost...

IMPALA Platinum (Implats) has been given an additional four to five months before making an investment decision on whether to proceed with the Waterberg...

AMCU opening wage demand unlikely to win support of PGM producers

SOUTH African platinum group metal (PGM) producers were unlikely to agree to the R17,000 per month minimum wage asked by the Association of Mineworkers...

Automotive demand to keep palladium in structural deficit this year, says...

GROWING demand for the automotive sector was likely to keep palladium in a structural deficit this year, said Reuters citing the comments of Norilsk...

Sibanye-Stillwater returns to balance sheet again with R5.5bn RCF refinancing

SIBANYE-Stillwater returned to its balance sheet once again refinancing its existing R6bn revolving credit facility (RCF) with a new rand denominated agreement that allows...

Chris Griffith resigns as CEO of Amplats on day firm pays...

CHRIS Griffith, CEO of Anglo American Platinum (Amplats), called time on his seven year stint as CEO of the firm saying it had represented...

AMCU secondary strike campaign suffers blow as it backtracks at some...

EFFORTS by the Association of Mineworkers & Construction Union (AMCU) to hike the pressure on Sibanye-Stillwater through a seven-day campaign of secondary strikes suffered...

Sibanye-Stillwater ekes out pretax profit despite bruising strike-torn Q1

SIBANYE-Stillwater had rand weakness against the dollar and an improvement in the basket of platinum group metal (PGM) prices to thank for helping it...

Cashed up PGM producers in good fettle ahead of wage negotiation...

A COMBINATION of metal inventories and cash generated off improved rand-denominated platinum group metal (PGM) prices would help South Africa's PGM producers survive potential...

Amplats, Sibanye-Stillwater say wage talks stable after AMCU declares dispute

ANGLO American Platinum (Amplats) and Sibanye-Stillwater were likely to call in mediators after the Association of Mineworkers & Construction Union (AMCU) declared a dispute...

Amplats throws weight behind WPIC saying it has “proven its business...

ANGLO American Platinum (Amplats) has thrown its weight behind the World Platinum Investment Council (WPIC), saying it and the remaining members would continue to...