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SA platinum ETF demand ‘sticky’: JM

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Johnson Matthey poured cold water on fears that Johannesburg's highly successful platinum-backed exchange traded product had introduced hot money into the market.

RBPlat cuts capex in R2bn brownfields plant

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Royal Bafokeng Platinum will opt for a brownfields expansion of its concentrator at the Bafokeng-Rasimone Platinum Mine rather than build a new concentrator at Styldrift.

SA underpins widening platinum deficit

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Johnson Matthey said closures and a loss of productivity would underpin a 78% increase in the platinum deficit, but added the price would still be contained.

Lonmin mulls ESOP, suffers cash burn

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Lonmin said it was considering handing up to 8% in the company to employees and the community as it sought to win "hearts and minds".

PTM to miss mid-2015 platinum sale target

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The good news is that Platinum Group Metals has been thrown a lifeline by a syndicate of banks that will attempt to raise $195m for the WBJV Project 1.

Northam wage offer rebuffed by NUM

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Northam Platinum could barely mask its exasperation after having a third upgraded wage offer to NUM rejected by the union.

Hot in the kitchen at Implats

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These are tough times for Terence Goodlace and Impala Platinum where operational change is complicated by the threat of strikes and an unhelpful platinum price.

Strike tension builds in SA platinum sector

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Northam Platinum said the NUM had been granted a certificate of non-resolution and while talks continue, there's a chance of mass action in the platinum sector.

‘Marginal’ Aquarius Pt waits for metal surge

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Jean Nel, the no-nonsense CEO of Aquarius Platinum, described his business as "marginal" in current market conditions, a change in which was "not imminent".

Wesizwe says PTM project ‘below criteria’

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Wesizwe Platinum gives a brief explanation for its decision not to fund its portion of PTM's Western Bushveld Joint Venture, adding its Bakubung project was "well funded".