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Smelter rebuild caps bad year for Northam

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Northam Platinum's miserable year took another turn for the worse with the firm saying it would have to rebuild a furnace at its Zondereinde smelter.

Lonmin cutting it fine as Amcu talks intensify

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Lonmin is running out of time to form a recognition agreement with Amcu as the two parties edge towards arbitration, the last staging post before possible strikes.

Amplats raises prospect of saving more jobs

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Anglo American Platinum, unions, and the DMR would resume the restructuring process for the platinum firm's Rustenburg shafts that may save yet more jobs.

Amcu, NUM distanced from Lonmin strike

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Lonmin said the wildcat strike that broke out at its Marikana mine yesterday was ad hoc and unsupported by any of the main unions.

Amcu flexes muscle as Lonmin strike ends

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The likely end of a strike at Lonmin's Marikana mine underpins the influence of Amcu among the mine's workers after its president urged a return to work earlier.

Lonmin lifts output target to over 700k oz

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Lonmin provided further evidence it was in recovery mode producing strong operating results, but it said wage talks remained challenging.

Unions absent from Amplats’ jobs revision

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Anglo American Platinum (Amplats) said it would retrench up to 8,000 less jobs than first proposed, but the consultation process did not have union participation.

Amplats may revisit restructuring plan

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Anglo American Platinum may revisit its restructuring plans with potential job losses as low as 5,000 compared to an earlier plan that would have seen 14,000 retrenchments.

SA platinum output unlikely to rebound

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Platinum production would be constrained by labour strife, said Thomson Reuters GFMS which added that a failure to restructure would hurt the platinum price.

Aquarius’ R1.25bn Booysendal deal on the brink

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It's been two years since Northam Platinum agreed to sell Aquarius Platinum 31 million ounces contained in Booysendal South in which time DMR approval has been pending.