Northam launches R1bn balance sheet overhaul
Northam Platinum is to tap shareholders R600m as part of a R1bn financing of the firm's balance sheet following a year of misfortune.
Aquarius’ Nel proposes cash for shares salary
Jean Nel, CEO of Aquarius Platinum, has proposed receiving shares over cash while the board wants non-executive directors to take a 10% haircut on their fees.
Amplats hopes to avoid union wage posturing
Chris Griffith, CEO of Anglo American Platinum, said he was hopeful that a longer period of engagement with unions would stand it in good stead ahead of wage talks.
Impala pays dividend, targets 850k oz output
Terence Goodlace, CEO of Impala Platinum, sounded a bullish note in the firm's year-end results saying he firmly believed the market would recover medium term.
Impala likely to pass on dividend
Impala Platinum is likely to give up its final dividend restricting shareholders to a modest full-year payout as impairments hit home while wage negotiations loom.
Northam steers course through headwinds
Assisted by a weaker rand Northam Platinum produced an improvement in full-year share earnings, but uncertainties persist that may continue to worry investors.
Lonmin seals recognition pact with AMCU
Lonmin has signed a recognition agreement with AMCU which confirms its status as the dominant union in South Africa's troubled platinum sector.
RBPlat weighs cut in R11.4bn Styldrift capital
Royal Bafokeng Platinum said it may not build its own concentrator which could see it reduce the capital demands on the R11.4bn Styldrift project.
Aquarius Pt eyes own cash for $300m bond
Aquarius Platinum said it was giving thought to using internally generated cash in order to at least part settle or refinance a $300m corporate bond due in 2015.
Aquarius Pt wins plaudits, but is it enough?
Aquarius Platinum has clawed back ground in production and share price, but the question analysts ask centres on the long-term prospects for a resource limited firm.