SA platinum firms generating cash, but it’s not (yet) going into...
SOUTH African mining companies generated 100% more free cash flow in the 12-months to end-June 2019 than in the previous 12-months, according to the...
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.
Zimplats stands firm despite policy chaos
Platinum mining in Zimbabwe has been thrown into disarray once again but the CEO of Impala Platinum's unit there says there are no plans to quit the country.
Implats to cut platinum output 30% in radical Rustenburg restructure
IMPALA Platinum (Implats) has lifted the curtain on the much-anticipated restructuring of its Rustenburg (Lease Area) operations, the outcome of which is a 230,000...
Implats lowers full-year target as Lease Area losses loom large
IMPALA Platinum (Implats) hauled in its full-year production number by up to 100,000 ounces - about 6% of the production target set down at...
Lonmin extends main furnace shut down
Lonmin is to step up toll-treatment arrangments after it extended the month-long shut down of its Number One furnace by up to 30 extra days after earlier repairs failed.
Gulf in SA productivity rules out wage hikes
Data shows that South African mining is hugely unproductive compared to Australia and demonstrates why AMCU's wage demands are unaffordable.
Mathunjwa is fighting for AMCU’s future as reality of a new...
THE strike at Sibanye-Stillwater's gold mines, which was on January 15 extended to its platinum group metal (PGM) mines in Rustenburg, feels like an...
ARM dumps Namibian gold project
Diversified SA miner African Rainbow Minerals plans to divest from a gold project in Namibia by June and finalise development of a copper project in Zambia this year, it says.
Atlatsa may cut staff 3,500, wins R334m lifeline from Amplats
ATLATSA Resources, a platinum development company, is to cut more than half of some 6,101 employees at its Bokoni Mines operation in the north-eastern...