Lonmin wins support for $800m rights offer
Betraying no hint of the conflict between his board and shareholder Xstrata, Lonmin's chairman says he looks forward to a dialogue now that the capital raiser will progress.
Implats unveils R2.6bn option for PTM’s massive Waterberg project
IMPALA Platinum (Implats) has made good on a promise in September that it would diversify its risk from its problematic Rustenburg operations by buying...
Cash flush Tharisa to convert to owner-operator model
THARISA, a chrome and platinum group metal mining firm, is to buy a portion of the fleet operated by its mining contractor, MCC Contracts...
Union rivalry again halts Implats operations
Implats says its Rustenburg operations will be affected by 3,000 platinum ounces daily due to another union rivalry-related unprotected work stoppage.
Amplats, Implats offer R12,500/m by 2017
South African platinum firms have offered to meet AMCU's R12,500 per month basic wage demand by 2017 in a move they said they could "ill afford".
Investors clamour for Sibanye shares as palladium soars
SIBANYE Gold is to rellocate shares in terms of excess applications for its $1bn rights offer which was oversubscribed by nearly five times.
The precious...
Lonmin done and dusted, dare Froneman take Sibanye-Stillwater to a new...
IN a year of rollercoaster fortune, Sibanye-Stillwater had one of its brighter days, the share price of which ended just over 10% higher in...
Tharisa hoping for lift-off in 2023 provided it can progress $391m...
ON DECEMBER 7, worthies from the Zimbabwean government ceremonially turned the first sod on the $391m Karo Platinum, the country's first platinum group metals...
JP Morgan “encouraged” by Lonmin plans
Lonmin shares stayed in positive territory in trading on the JSE today as investors digested the new business plan and funding strategy.
Jubilee Platinum makes ConRoast breakthrough
Northam Platinum is looking at a JV with Jubilee Platinum which would utilise Jubilee's revolutionary ConRoast smelting technology to treat platinum concentrates from Northam's Booysendal mine.