Platinum impervious to strike … for now
The platinum price may well respond if a strike at South Africa's producers were to continue for another month, said Impala Platinum's Derek Engelbrecht.
Implats passes dividend as screw tightens
Impala Platinum held the interim dividend has cash fell and net debt rose and as the undoubted pressure of a five week strike at Rustenburg began to tell.
A rock and a hard place for Amplats’ Griffith
Chris Griffith is clearly under pressure from the South African government to help diminish AMCU whilst his own company has little interest in subsidising the mines of Rustenburg.
Glyn Lewis calls time on Northam career
Northam Platinum's CEO of eight years, Glyn Lewis, will make way for former Implats executive, Paul Dunne, after deciding to accelerate his retirement plans.
Strike edging platinum sector to crisis: producers
The three largest platinum producers claimed their industry faced a fresh round of restructuring and job losses if a four-week strike by AMCU continued.
Amplats sees AMCU wage advance next week
Anglo American Platinum CEO, Chris Griffith, said there would be progress in wage talks after workers sacrificed their second month of wages next week.
Strike takes worrying slide into violence
One employee, believed to be an AMCU shop steward, died while another was injured as a strike at Amplats took a worrying turn for the worse.
Aquarius turns hand to refinancing $300m bond
Aquarius Platinum CEO, Jean Nel, said the company had established a credible track-record operationally and could now turn to the major problem of its balance sheet.
Platinum wage talks adjourned, losses at R2bn
Revenue losses total R2bn to date while employees had sacrificed R900m in wages, said platinum producers who don't know when wage talks will resume.
Aquarius Pt sells non-core assets for R755m
Aquarius Platinum has bolstered its balance sheet selling non-core assets that include the once mighty R1.3bn Blue Ridge project and the $700m Sheba's Ridge prospect.