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Amplats to cut 420 managerial jobs as market bites

The consolidation of Anglo American Platinum's operations, and a deteriorating platinum market, has meant some 420 jobs are surplus to requirements.

The Bafokeng and AngloPlat bury the hatchet

Royal Bafokeng Holdings and Anglo Platinum have settled their differences and are totally focused on making a success of Royal Bafokeng Platinum according to CEO Steve Phiri.

Zimbabwe platinum mine fails to attract funds owing to military defence...

A PROPOSAL aimed at building Zimbabwe's largest platinum group metal (PGM) mine is struggling to attract financial backers because a military company is one...

PIC underwrites 25% of Lonmin rights offer

State-owned pension fund, the Public Investment Corporation, is to under-write a further 25% of Lonmin should the rights offer receive the green light this week.

Zimplats to proceed with expansion

Impala Platinum's Zimbabwe unit is committed to a $500m expansion project, but the board will review progress later this year in the wake of government threats to take over foreign firms.

Eastplats disappoints yet again

Eastern Platinum has just reported its third consecutive quarter of falling production, which explains the slump in the share price so far this year.

Implats eases into R1.1bn net cash but holds fire on resumption...

IMPALA Platinum (Implats) moved into net cash as of June 30 as improved metal pricing, higher platinum group metal (PGM) production from Rustenburg, and...

Smokey Hills contractor killed by mob

UPDATED: An employee of a mining contractor at Platinum Australia’s Smokey Hills has been killed in the wake of ongoing labour unrest at the mine.

Impala’s Rustenburg resumes production

Impala had rehired 14,950 workers at its key Rustenburg mine which was ready to restart production following a crippling six week strike which cost the operation 120,000 ounces of output.

SA Govt calls for “due care” as Sibanye restructure could raise...

SOUTH Africa's Department of Mineral Resources and Energy (DMRE) described plans by Sibanye-Stillwater to cut more than 5,000 jobs at its Marikana platinum operations...