AMCU deal imminent, but job losses inevitable
Amplats CEO, Chris Griffith, said the 10-week strike almost certainly involved more job losses but added that he felt a wage deal was around the corner.
Northam closes in on R3.4bn BEE revamp
Northam Platinum is edging towards empowering 22% of the company after its previous BEE partners sold their shares to avoid breaking bank convenants.
Impending Pt recovery to spur Sedibelo listing
Brian Gilbertson, chairman of Pallinghurst Resources, said its Sedibelo Platinum Mines would list once a platinum supply deficit had kicked in.
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.
Tharisa seeks R1bn in April JSE listing
Tharisa is to join the main board of the JSE on April 8 where it will raise R1bn to repay debt, and develop its chrome and platinum Bushveld complex mine.
Maseve to provide Wesizwe Pt with warchest
Shares in the Maseve platinum project will provide Wesizwe Platinum with some of the funds to fully finance its R10.7bn Bakubung project.
Building the platinum demand of tomorrow
It's early days, but Impala Platinum's Derek Engelbrecht sees no reason why South Africa shouldn't have its own platinum coin.
Wesizwe cuts Bakubung capex 11% to R10.7bn
An optimisation study allowed the group to cut production against a 2009 bankable feasibility study and lift production a fifth in reponse to market conditions.
RBPlat ‘cautiously optimistic’ on wage deal
Royal Bafokeng Platinum hoped to conclude a new wage deal with the NUM, and analysts agree it is likely to push through an agreement without mishap.
Platinum firms “far apart” from AMCU on wages
Wage talks between AMCU and South Africa's platinum producers ended in failure today with the parties declaring themselves far apart.