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Northam suspends mine after “sporadic violence”

PRODUCTION at Northam Platinum's Zondereinde mine has been suspended after "sporadic incidents of intimidation and violence" had spread to the mine following a killing...

AllanHochreiter to list Sable Platinum

James Allan and Rene Hochreiter are to list their platinum interests through a reverse takeover of the New Corpcapital cash shell, despite grim times in the platinum sector.

Jubilee Platinum H1 loss expected to narrow

Jubilee Platinum expects its loss per share and headline loss per share for the six months to end December 2009 to be between 70% and 73% lower compared to the previously reported corresponding period.

NUM may join AMCU in Amplats strike

The NUM could send its members on strike following a Labour Court decision today dismissing the union's attempts at halting the restructuring at Amplats.

Back to work, Vavi tells Implats workers

Cosatu general secretary Zwelinzima Vavi has urged striking mineworkers at Impala Platinum's Rustenburg mines to return to work, according to a report by Sapa.

Implats to rehire all fired workers

Impala Platinum Holdings and the National Union of Mineworkers have reached an agreement regarding an illegal strike at Rustenburg mine, says the union.

Amplats ‘serious’ over punitive measures

Anglo American Platinum will go where others are fearing to tread should it carry out its threat of dismissing workers who continue to disregard a return-to-work ultimatum.

Eastplats hits Q4 wall, impairs for $46.3m

Shares in Eastplats slumped 7% on the JSE as it posted a horror decline in year-on-year profits, suffered a $46.5m write-down, and said projects might be rescoped permanently unless third-party funding was acquired.

Eastplats halts CRM funding

Eastern Platinum has suspended the development of its Crocodile River Mine, citing a host of factors.

RBPlat proceeds with R1.3bn capex plan

Royal Bafokeng Platinum has approved an expansion project for the group's North Shaft Merensky Phase III project at the Bafokeng Rasimone Platinum Mine.