Amplats, Sibanye agree R4.5bn Rustenburg sale
Sibanye Gold enters the platinum industry offering to pay R1.5bn upfront either in shares or cash whilst Amplats gets 35% of cash flow generated after capex.
Amplats in fresh round of Atlatsa re-financing
Amplats said it would refinance Atlatsa's Bokoni Mines ahead of selling its 49% stake while Lonmin had not triggered a pre-empt over the Pandora joint venture.
Platinum deficit to be higher in 2015
The deficit in the world platinum market would widen further in 2015 than previously anticipated, said the World Platinum Investment Council.
Impala to raise R4bn in book-build
Impala Platinum said it would raise R4bn in an equity raising in order to shore up the balance sheet following a year in which cash fell 39.5% to R2.6bn.
SA platinum cuts under-estimate the urgency
Impala Platinum's 180,000 ounces output cut is evidence the SA platinum sector is responding to market conditions, but do the reductions go far enough?
Atlatsa still in financial limbo
Atlatsa is still not in a position to publish its interim financial results as discussions on its future continue with Anglo American Platinum
Lonmin CEO calls for decisive government action
Lonmin CEO Ben Magara has called for decisive action from government to help deal with the grim situation facing the platinum mining industry.
Northam prepares for Booysendal South
The feasibility study on Booysendal South will be completed by May next year but a decision to build the new mine will depend on platinum market conditions.
Lonmin shares plumb new depths
Lonmin shares have dropped another 20% to levels described as "ridiculous" but there's no indication yet that anyone is looking at bidding for the group.
Atlatsa angst mounts as misses filing date
Atlatsa failed to file its interims owing to uncertainty about its financial condition - just weeks after Anglo CEO Mark Cutifani said BEE should be allowed to fail.