Platinum Australia faces tough situation
Platinum Australia appears between a rock and a hard place given the labour unrest at Smokey Hills, which must perform at its best over the next two quarters to avoid a financial crunch.
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.
Lonmin scores Govt points as opts for Magara
Lomin chooses Ben Magara as its new CEO. Not widely known by analysts, Magara has strong government relations as Lonmin seeks political influence over profile.
Pan African wins 30-year renewal of Barberton Gold Mines mining licence...
THE South African government renewed mining rights for Pan African Gold's Barberton Gold Mines for a 30 year period, the company announced today.
Pan African...
RBPlat to “temporarily accede” to Amplats force majeure pending outcome of...
ROYAL Bafokeng Platinum (RBPlat) said it had "temporarily acceded" to a request not to deliver concentrate to the Rustenburg facilities of Anglo American Platinum...
Ivanhoe wins Platreef permit, halts job cuts
Ivanhoe Mines would not proceed with the retrenchment of employees at the Platreef project after the South African government awarded it a mining right.
‘Scared’ miners do most for upliftment
Some Zimbabwean mines have the best regional social projects - probably because mining groups operate in fear of the country’s government, says a research group.
PGM price slide sees Sibanye-Stillwater post R5bn decline in quarterly EBITDA
PLATINUM group metal (PGM) prices had stabilised following a shortage of microprocessing chips earlier in the year which had impacted automotive production, said Sibanye-Stillwater...
The Bafokeng’s royal platinum play
The Royal Bafokeng Nation is about to reach a hugely significant milestone with the listing on the JSE later this year of its own platinum company.
Lonmin may need “drastic action” to pay debt
The UK platinum producer had a slew of debt due in 2016 which would require production cuts to service unless the platinum price improved significantly.