Aquarius temporarily halts Kroondal
Aquarius Platinum has temporarily suspended its sole operating asset in South
Africa, saying that its Kroondal joint venture with Anglo American Platinum will be
closed until Sunday.
Amplats halts Rustenburg mines
UPDATED: Anglo American has stopped work at all its Rustenburg operations, citing
threats of violence against its employees.
Implats in fresh strike alert after new demand
The platinum miner confirms it is negotiating with labour representatives that are
"Amcu-aligned’ as the threat of fresh industrial unrest hits its key Rustenburg mine.
The time is nigh for Lonmin
Lonmin will soon be faced with difficult decisions should employees not heed its call
to return to work, a situation deemed unlikely by many of the parties involved.
Amcu won’t budge until R12,500/pm agreed
Amcu said that only an agreement to pay miners R12,500 per month would bring an
end to strike action at Lonmin’s Marikana mine, now into its third week.
Amcu’s Mathunjwa says accord decision “complex’
Amcu president Joseph Mathunjwa says the union’s decision to rebuff Lonmin’s peace
accord is complex and requires a full explanation, due on Friday.
PIC buys 8% stake in Northam as Afripalm exits
UPDATED: Lazarus Zim's Afripalm Resources has quit its stake in Northam Platinum,
which sees the platinum producer's BEE shareholding fall to 12%.
Genorah to exit Nkwe over debt
UPDATED: Nkwe Platinum looks set for a change-of-control transaction as its cash-strapped majority and BEE shareholder, Genorah Resources, seeks to sell shares to cover debt.
Lonmin edges lower as no-shows continue
Lonmin’s shares inch further down as the company reports attendance figures of
8% - fewer than one in 12 of the group’s 28,000 workers.
Can Aquarius Platinum survive?
The malaise in the platinum group metal sector has had a greater effect on
Aquarius Platinum’s share price than the global economic crisis.