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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...

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...

Implats opens talks with “parties” for sale of Rustenburg shaft earmarked...

IMPALA Platinum (Implats) had "engaged" with parties interested in buying a shaft at the firm's Rustenburg operations part of which has been identified for...

Over-done palladium price expected to weaken before year-end, say analysts

THE price of palladium is expected to weaken before the end of the year, said Bloomberg News citing the views of nine analysts it surveyed. The...

Tharisa keeping the faith with Zimbabwe with progress “slow” but “enabling”

AFTER the euphoria of Robert Mugabe’s toppling in late 2017 after 37 years in power, Zimbabwe has returned to earth with a bit of...

Demand initiatives crucial as platinum inventory unlikely to be removed in...

THERE'S an increasingly urgent need to develop new sources of platinum demand partly because elevated palladium and rhodium prices may be contributing to the...

SA platinum firms generating cash, but it’s not (yet) going into...

SOUTH African mining companies generated 100% more free cash flow in the 12-months to end-June 2019 than in the previous 12-months, according to the...