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Lonmin wary of safety, labour stoppages

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UPDATED - Lonmin said Q3 mining had been hampered by safety stoppages, but added it remained confident of meeting its 660,000 ounce full-year sales forecast.

RBPlats to shut mill for ‘two to three weeks’

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Royal Bafokeng Platinum said R4.5m in repairs to a concentrator at its Bafokeng-Rasimone mine would see ore stockpiled for three to four weeks.

Amplats says balance sheet under control

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A slew of extraordinary costs, and with high capital demands over the coming years, Amplats fends off questions that it is losing control over its debt.

Amplats suspends dividend as debt grows 30%

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UPDATED - The sheer cost of sustaining mines that can't make money saw Amplats debt grow to R13.2bn making restructuring an urgency.

NewPlat barely dents metal inventories

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Demand for the platinum-backed exchange traded product, NewPlat, is unstinting but what does that say for above ground inventories of the metal?

NUM court decision to assist Lonmin stability

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The National Union of Mineworkers failed in its attempt to have its recognition agreement at Lonmin extended, a development that is positive for stability at Lonmin.

Rand weakness boosts Amplats interims

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The weaker rand provided some respite to Anglo American Platinum which said interim share earnings would be nearly double those of the same period in 2012.

Amplats strike underpins AMCU dissidence

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A illegal strike at two Amplats mines echoes an apparently entrenched dissidence in the Association of Mineworkers & Construction Union.

Lonmin confirms NUM, AMCU conflict in court

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The rivalry between the NUM and AMCU over which has dominance at Lonmin has moved to the courts with fraudulent stop-orders forming the focus of the dispute.

Aquarius Pt, Amplats extend Kroondal deal

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Aquarius Platinum and Anglo American Platinum extend a pool and share agreement on the Kroondal mine providing an extra three years of life to Kroondal.