Implats unveils sweeping 5-year restructure
Impala Platinum has unveiled a four-year restructuring of its Rustenburg mine in which it would merge shafts, slow development of another, and halve capex.
Lonmin to lose turnaround expert Viljoen
Lonmin suffers a blow as its COO Johan Viljoen resigns less than a year after taking up the challenge of the group's operational turnaround.
Northam finds 500koz/year in growth
Northam is out of the running for Amplats' Rustenburg mines but it has organic, low-cost growth approaching 500,000 ounces.
AMCU to get foothold at Northam mine
Northam pin-points labour relations as complex and an operating risk just as AMCU wins recognition rights at the firm's key Zondereinde mine.
Jury out on platinum market surge in 2015
The theory is that the platinum market will recover during the course of this year - a view which has its followers and detractors.
Glencore divests of Lonmin, cuts $1bn in capex
Glencore is to unbundle its 23.9% stake in Lonmin to shareholders but said the distribution was not a dividend replacement.
Implats stands ground despite Zim levy threat
Impala Platinum sent a letter to Zimbabwe's mines ministry in which it insisted a platinum refinery would take 18 months to build despite a 15% levy ultimatum.
Zimbabwe lays down platinum levy ultimatum
Platinum group metal producers in Zimbabwe have until February 10 to agree "a concrete plan" for a refinery or face a 15% levy on unbeneficiated exports.
Implats seeking clarity on 15% Zimbabwe levy
Impala Platinum said it was unsure whether Zimbabwe intended imposing a 15% levy on unbeneficiated ore, a development that could hurt its 50% Mimosa stake.
Lonmin slashes capex 26%, borrowings rise
The UK firm said its borrowings would increase owing to smelter downtime, but added it would honour its debt covenants despite tough market conditions.