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Amplats may revisit restructuring plan

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Anglo American Platinum may revisit its restructuring plans with potential job losses as low as 5,000 compared to an earlier plan that would have seen 14,000 retrenchments.

IFM shares slump on grim update

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Ferrochrome producer International Ferro Metals says output has suffered and construction of a retreatment plant by AngloPlat is running behind schedule.

Rand swings hurting growth, says Aquarius

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Stuart Murray, CEO of Aquarius Platinum, says swings in the value of the rand is making planning difficult and is the key reason for mothballing the Blue Ridge project.

Investors urged to sell platinum shares amid signs of correction

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GOLDMAN Sachs has urged investors to sell their platinum shares which are starting to correct amid uninspiring fundamentals for the metal's demand. "The stocks in...

Wesizwe’s R6.6bn China option in the balance

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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.

Tharisa flags quantum leap in interim earnings as metal prices give...

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THARISA, the chrome and platinum group metal (PGM) miner, is set to report a stellar improvement in interim earnings next week owing to improved...

Northam applies wage deal at Booysendal

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Northam Platinum has applied a wage deal between its mining contractor and unions, including AMCU, at its Booysendal mine.

ARM confronts Nkwe over platinum rights

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ARM CEO Andre Wilkens says his company and partner Anglo Platinum are going to court to obtain a ruling on who owns the prospecting rights to the Modikwa Deeps.

Eastplats halts CRM funding

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Eastern Platinum has suspended the development of its Crocodile River Mine, citing a host of factors.

Miners tumble as Harare turns up heat

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Platinum stocks took a hit as the Zimbabwean government gave miners six months to sell a majority stake in their firms.