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Lonmin finalises wage deals

Lonmin and the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union have wrapped up outstanding wage increase negotiations.

Lonmin to meet platinum sales target

Lonmin will meet its forecast of selling 700,000 oz of platinum in the year to September but at an additional cost of $17.5m because some 20,000 oz of platinum will be toll-smelted by a competitor.

Aquarius plummets after another poor show

Aquarius Platinum had to contend with another quarter of wafer-thin or negative margins at its major operations, again causing a slide in the company’s share price.

Platmin to return consolidated: Gilbertson

Platmin's proposed delisting was the precursor to a stronger, consolidated company when the market was more supportive, said Brian Gilbertson, chairman of Platmin shareholder, Pallinghurst Resources.

Lonmin weighs legal options to end strike

Lonmin is considering legal options to bring a 17-week strike at its operations in the platinum belt to an end, saying the stoppage has become "dysfunctional'.

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?

Platinum stirs, but analysts fear false dawn

Platinum improved $30/oz, but analysts said there was not enough evidence the strike had depleted above ground stocks to signal a shift in the metal's fortunes.

Lonmin’s Karee faces lengthy standstill

Production at Lonmin’s Karee shaft could still be disrupted for several weeks as the company starts to dismiss 9,000 workers involved in an unprotected strike.

PTM targets 120koz but may need $5m to $15m after Maseve...

PLATINUM Group Metals (PTM) hoped to make its Maseve platinum mine cash flow positive in the first half of this year and produce up...

Intimidation rife as Amplats extends wage offer

Intimidation by people not employed by Anglo American Platinum was a major cause for the continuance of the strike at the platinum firm's operations, now into its eighth week.