Sibanye-Stillwater prepares for worst ahead of PGM wage talks with R1.8bn...
SIBANYE-Stillwater is to place shares worth R1.8bn in an effort to minimise the impact on its balance sheet of the ongoing strike at its...
Tesla’s Elon Musk floats idea of “getting into mining” to speed...
TESLA founder and CEO, Elon Musk, floated the idea that the electric vehicle manufacturer might go "into the mining business" in order to quicken...
AMCU to launch legal defence against SA government de-registration effort
THE Association of Mineworkers & Construction Union (AMCU) said it would defend itself against efforts to de-register it by the government's Department of Labour.
In...
Does AMCU have the stomach for another bruiser with Sibanye-Stillwater?
DOESÂ the Association of Mineworkers and Construction Union (AMCU) have the stomach for another strike? That's perhaps the most important question ahead of platinum industry...
Amplats estimates R200m to R300m hit over three years owing to...
SOUTH Africa’s new carbon tax could cost the company between R200m and R300m in the next three years, said Reuters citing the comments of...
Gold a bit part player for Sibanye-Stillwater for next two years...
A FIVE month strike, the merger with Lonmin, and restructuring means Sibanye-Stillwater will derive only a fraction of pre-tax earnings from gold production this...
Sibanye-Stillwater evacuates employees after rails plummet down platinum shaft
SIBANYE-Stillwater hoisted the remaining 300 employees to surface at its Thembelani shaft at its Rustenburg-based platinum operations following an incident on April 30 in...
Sibanye-Stillwater bid for Lonmin wins Competition Appeal Court approval
ALL impediments placed in the way of the proposed merger of Sibanye-Stillwater's platinum group metal (PGM) operations with Lonmin have been removed clearing the...
AMCU’s Mathunjwa a pall over Sibanye-Stillwater despite “prudent” R1.7bn share deal
SHARESÂ in Sibanye-Stillwater were under pressure today following a company announcement it had raised R1.7bn by means of a share placement - cash it would...
Griffith confident Amplats is well prepared for platinum wage negotiations season
THE Association of Mineworkers & Construction Union (AMCU) was planning to lodge "substantial demands" of platinum group metal mining companies, said Bloomberg News citing...