Tharisa halves capital raising to R500m
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
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
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
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
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.
Atlatsa closes 2-year restructure on high
Two years later, Atlatsa Resources shows signs of an operational turnaround registering a $40m turnaround in free cash from its Bokoni Platinum Mines.
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.