Lonmin strike over
UPDATED: Striking miners at Lonmin’s Marikana platinum mine have accepted a company offer of a 22% overall pay increase.
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.
Amplats slashes PGM guidance 900,000 oz following shut-down of Waterval processing...
ANGLO American Platinum (Amplats) has shut the processing facilities at its Waterval smelter complex in Rustenburg resulting in refined platinum group metal (PGM) production...
Jubilee Metals takes PGM tailings acquisition to 1.2 billion tons
JUBILEE Metals took its acquisition of platinum group metal- (PGM-) bearing tailings to about 1.2 billion tons today after announcing a second transaction totalling...
Tharisa keeping the faith with Zimbabwe with progress “slow” but “enabling”
AFTER the euphoria of Robert Mugabe’s toppling in late 2017 after 37 years in power, Zimbabwe has returned to earth with a bit of...
Lonmin seeks $800m in rights issue
UPDATED: Lonmin has proposed a rights issue of $800m, likely to take
place
before the end of the year, as part of a strategy to refinance its balance
sheet.
Saudi PGM smelter proposal may test SA Govt’s loyalties
PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force...
RBPlat announces dividend payment and PGM production lift of up to...
ROYAL Bafokeng Platinum (RBPlat) said it would pay a maiden dividend for its 2020 financial year of 575 cents per share - about 50%...
Northam Platinum well set to make year-end free cash flow numbers...
NORTHAM Platinum is to report record platinum group metal (PGM) production from own operations of 519,954 ounces for the year to end-June whilst sales...
Southern Palladium gives prospects much-needed good news boost
PLATINUM Group Metal (PGM) exploration firm Southern Palladium today published promising results from a geotechnical study of its Bengwenyama prospect.
Bengwenyama is rich in palladium...