Home News PGMs Page 147

PGMs

NUM claims revisions can help wage deal

0
The National Union of Mineworkers said revisions to its wage demands should be accepted by Northam Platinum with the sides set to meet again on January 13.

Northam seeks out NUM as losses at R500m

0
Northam Platinum goes into 2014 seeking an urgent meeting with the NUM as it attempts to restore production at its strike-hit Zondereinde mine.

Friedland raises industry ire over wages claim

0
Robert Friedland has raised the temperature over salaries in the platinum industry where relations on the topic are fragile at best.

PGM price surge in 2014/15 to lift fringe stocks

0
A significant escalation in the basket price of platinum group metals is being forecast which could be good news for SA's forgotten platinum stocks.

Amplats eases losses, signs with NUM, UASA

0
Amplats said it would report improved full-year results, and that it had signed a new wage agreement with the NUM and UASA.

PTM in $164m issue as waits on debt

0
Platinum Group Metals said it had raised C$175m in a share issue in the wake of its 26% investor pulling out of the proposed Western Bushveld Joint Venture.

Northam tipped to attract claw-back buyers

0
Despite its strike troubles Northam Platinum is expected to attract buyers to its R600m claw-back offer although the stake eventually held by Coronation will be interesting.

Northam losses top R360m, sets talks date

0
Northam Platinum will meet with the National Union of Mineworkers on December 5 in new talks to be convened by the CCMA.

Cash-strapped Sable Pt rings in the changes

0
Sable Platinum has enough cash until January although a recovery from SARS and a share issue could keep the company alive while it beds down Selebi Phikwe.

Lonmin through worst, but capital calls loom

0
Ben Magara, CEO of Lonmin, has steered the company well in these early stages, but important decisions loom on capital projects while strikes remain a risk.