Anglo announces second bookbuild in Amplats shares
ANGLO American is to sell a further block of shares in its Johannesburg-listed subsidiary Anglo American Platinum (Amplats), the UK group said.
An additional 6%...
Wesizwe’s R6.6bn China option in the balance
Shareholders in platinum junior Wesizwe will decide in the next three months whether to go ahead with a R6.6bn capital injection that will see a Chinese consortium take control of the company.
Amplats exempt from supplying Zimbabwe’s Kell smelter
ANGLO American Platinum (Amplats) will complete construction of smelting facilities in Zimbabwe despite a pact between the government and Pallinghurst Resources that obliges platinum...
AMCU to take increased wage offer to members
AMCU has agreed to take an increased offer by platinum producers to members today in a development that Impala Platinum said had left it "quietly optimistic".
Bauba Platinum shares surge as firm reopens chrome mine
SHARES in Bauba Platinum leapt 160% in the first hour of trade on the Johannesburg Stock Exchange on January 5 after the chrome and...
Northam to add reserves to Eland following bolt on R20m deal...
NORTHAM Platinum is to buy for R20m the platinum group metals (PGMs) contained in Maroelabult, a property currently owned by Barplats Mines Proprietary.
The transaction...
Zuma calls in the troops
President Jacob Zuma has authorised the deployment of the SANDF to maintain law
and order in the platinum rich areas of the North West province.
Zimplats workers strike over power bills
WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.
Implats closes in on control of RBPlat after taking stake to...
IMPALA Platinum (Implats) edged closer to outright control of Royal Bafokeng Platinum (RBPlat) announcing today the acquisition of further shares.
The company now owns 40.46%...
Nkwe has IDC “in sights’ for R6bn Garatau project
The Australian-listed platinum firm says low cost nature of mine will help attract
investors despite harrowing times for the platinum industry.