Amplats’ Moosa ‘ashamed’ of AMCU strike
Valli Moosa, chairman of Anglo American Platinum, delivered a frank opinion of the platinum sector strike and said the industry had to be entirely modernised.
Amplats to study bids for Union this month
Anglo American Platinum said it would evaluate bids for Union this month and added that ramp-up in output following AMCU's strike was virtually complete.
Question mark hangs over Lonmin future
Johannesburg's platinum stocks have all been battered in the last 45 days, but it's the full extent of metal price weakness on Lonmin that is the most engaging.
Amplats plans R2.5bn output lift at Mogalakwena
Anglo American Platinum said it would spend up to R2.5bn taking its Mogalakwena mine and refining facilities to 420,000 oz/year of platinum.
Lonmin transfer pricing claims “misleading”
UK platinum producer, Lonmin, said an article alleging it sold metal to a Bermuda registered company to avoid meeting worker salaries is "misleading".
Pallinghurst conjures R722m for Sedibelo
Pallinghurst Resources said the funds would be used to take platinum group metal production for Sedibelo to 400,000 ounces in about 18 months.
Zim’s Chinamasa turns to platinum royalty
Days after shaking hands with Russia on a $3bn platinum investment, Zimbabwe finance minister, Patrick Chinamasa, looks at lowering the royalty on the metal.
Lonmin to hand Incwala R484m by 2015
As it increasingly common in South African mining, Lonmin pays its BEE partner to keep the banks from the door.
Zim may offer unused platinum rights to Russia
Zimbabwe mines minister Walter Chidakwa said unused mineral rights by existing investors in the country would be handed to its newly acquired allies.
CCMA could have ended platinum strike sooner
The five-and-a-half-month strike in South Africa's platinum sector could have been ended months earlier, said Jan de Lange writing in Rapport.