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Implats share earnings up to 79% lower

Impala Platinum is to report a heavy decline in interim share earnings partly owing to a R603m write-down in receivables.

The Bafokeng and AngloPlat bury the hatchet

Royal Bafokeng Holdings and Anglo Platinum have settled their differences and are totally focused on making a success of Royal Bafokeng Platinum according to CEO Steve Phiri.

PTM ditches debt for C$150m in notes

The Canadian firm will finance the balance of its Western Bushveld Joint Venture with a $150m note issuance - its second foray into equity markets in a year.

Platinum firms warn strike making mines unviable

South Africa's platinum firms Implats, Lonmin and Amplats is making a portion of the country's platinum reserves unviable.

Implats Q1 output plunges

Impala Platinum says first-quarter gross platinum production has declined by 12% to 388,000 ounces, due to operational issues and safety-related stoppages.

Lonmin’s Scott can’t rule out “tough decisions’

Simon Scott, interim CEO for Lonmin, said there may still be some tough decisions to make regarding the platinum producer’s business despite workers returning to work.

SA Govt interest in Implats shafts “suggested” in restructure talks

IMPALA Platinum (Implats) said it had discussed the possibility that the South African government could participate in the purchase of shafts identified for closure...

Potgieter bolsters Implats mining ops

Impala Platinum has appointed mining engineer Gerhard Potgieter to its executive team to fill a gap in technical mining expertise at top management level.

Implats contract worker beaten to death

A contract worker at Impala Platinum's troubled Rustenburg operation has been beaten to death during an assault when he tried to go to work, say police.

Amplats may get 30% earnings boost as chrome price soars

SHARES in South African platinum companies were punished from August last year after it became apparent the dollar price of platinum wasn’t going to...