Wesizwe Platinum miners hold sit-in at Bakubung amid restructuring
A TROUBLED 24 months for Wesizwe Platinum intensified on Thursday when employees, completing their night shift, staged an underground sit-in.
The company, which is 45% controlled by...
PGM shares may fall under further pressure as recession concerns loom
THE decline in platinum group metal (PGM) shares this year might not be over as concerns over global recession combined with inflationary pressure leading...
Sibanye-Stillwater takes surgical approach to closures as COVID-19 infections rise to...
THE Minerals Council South Africa warned a rise in positive cases of COVID-19 was inevitable on the country's mines and so it has come...
Amplats’ five-year wage deal could involve new share ownership plan, says...
A FIVE year wage agreement between unions and Anglo American Platinum (Amplats) could involve a new employee share ownership plan, according to an investment report...
Amplats’ Griffith hails ‘constructive talks’
Chris Griffith, CEO of Anglo American Platinum, said the firm's relationship with mines minister, Susan Shabangu, is "back where it should be".
Northam Platinum reports 10% boost in refined PGMs
NORTHAM Platinum increased platinum group metals (PGMs) production 10% in its 2024 financial year amid a pause in its growth projects.
Commenting in a production...
PTM appoints Frank Hallam as CEO on permanent basis
PLATINUM Group Metals announced today that Frank Hallam would be the firm's permanent CEO filling the vacancy left by the surprise resignation of Mike...
Northam Platinum plays hand for RBPlat unveiling blockbuster cash offer worth...
NORTHAM Platinum Holdings has bid for control of Royal Bafokeng Platinum (RBPlat) announcing today a voluntary offer worth R32.5bn.
The offer, which comes a year...
Former Implats boss skips retirement for chance to resurrect gold mines...
DAVID Brown’s association with Zimbabwe’s mining sector dates back to his six years as CEO of Impala Platinum (Implats) which ended in 2012. During...
Amplats says balance sheet under control
A slew of extraordinary costs, and with high capital demands over the coming years, Amplats fends off questions that it is losing control over its debt.