PTM surges as talks open with new investors
Shares in Platinum Group Metals staged a comeback as the company said it had opened talks with replacement partners for its WBJV mine.
Africa Wide skittles $506m PTM project
PTM stands to lose $260m in project funding and may have to search for a new empowerment partner as Africa Wide delivers the WBJV a serious body-blow.
Amplats 2.3m oz target unshaken by strike
Amplats was a highlight of Anglo American's third quarter production figures, but Kumba Iron Ore said export volumes would miss the forecast 40mt level.
Newplat success is double-edged sword for SA
Good opportunism by Absa Capital to have seen the gap for a platinum debenture, but it's popularity is also a way of going short on SA platinum output.
Amplats strike ends in ‘no retrenchment’ pact
Amplats agreed to voluntary separation packages for 3,300 employees due to be retrenched of which half will be retained for six months and may even be offered jobs.
PTM Waterberg find billed as ‘company-maker’
Exploration target Waterberg in the northern reaches of the Bushveld Complex could be a company-maker for Toronto's Platinum Group Metals, said an analyst.
NUM may join AMCU in Amplats strike
The NUM could send its members on strike following a Labour Court decision today dismissing the union's attempts at halting the restructuring at Amplats.
Mathunjwa rages against Amplats, labour hire
Joseph Mathunjwa, president of AMCU, railed against Amplats' labour hire system which is a sticking point in a strike now into its second week.
Platinum EFT demand continues to thrive
Based on a belief of improved prospects for the metal, there are still plenty of buyers for the JSE's platinum-backed debentures.
Amplats loses R300m as strike drags
Anglo American Platinum was losing 3,100 ounces of platinum production daily owing to a strike at its Rustenburg and North Pilansberg operations, it said.