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Amplats, Implats offer R12,500/m by 2017

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South African platinum firms have offered to meet AMCU's R12,500 per month basic wage demand by 2017 in a move they said they could "ill afford".

Aquarius unveils hefty discount in $225m offer

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Shareholders in Aquarius Platinum will now deliberate over whether to accept the 66% discount offered today in a 2:1 rights offer aimed at destressing the balance sheet.

Palladium ETF to ride metal supply fears

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Absa Capital's latest addition to its ETF suite is a palladium product it expects will attract a similar investor that has scooped up a million oz of its platinum ETF.

Pouroulis family launch third pass at platinum

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Tharisa Minerals is the latest company to roll off the conveyor belt of the Pouroulis family, led by patriarch, Loucas Pouroulis

New generation of Pt miner plots way to JSE

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Sedibelo Platinum Mines, Ivanhoe Mines and the recently listed Tharisa are proof that investors will have more options as SA's platinum industry changes scope.

Tharisa halves capital raising to R500m

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Tharisa, a chrome and platinum producer, has halved the capital it intended to raise in its JSE debut scheduled for April 10 owing to difficult market conditions.

Aquarius takes gap in $225m bond repurchase

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The platinum firm said improved operational performance was an opportunity to buy back up to $225m in bonds and give it flexibility to assess new projects.

NewGold platinum EFT tops 1 million oz

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The product has now absorbed R15.6bn in platinum equal to roughly a fifth of South African primary production.

Lonmin wage deal frustrated by unknown force

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Lonmin CEO, Ben Magara, could not say whether AMCU was behind efforts to intimidate workers who overwhelmingly wanted to end a 10-week strike.

Anatomy of the platinum strike … 10 weeks on

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The strike called by the Association of Mineworkers & Construction Union is 10 weeks old. Here's a summary of the main features, quotes, and key facts so far.