PTM to miss mid-2015 platinum sale target
The good news is that Platinum Group Metals has been thrown a lifeline by a syndicate of banks that will attempt to raise $195m for the WBJV Project 1.
Northam wage offer rebuffed by NUM
Northam Platinum could barely mask its exasperation after having a third upgraded wage offer to NUM rejected by the union.
Hot in the kitchen at Implats
These are tough times for Terence Goodlace and Impala Platinum where operational change is complicated by the threat of strikes and an unhelpful platinum price.
Strike tension builds in SA platinum sector
Northam Platinum said the NUM had been granted a certificate of non-resolution and while talks continue, there's a chance of mass action in the platinum sector.
‘Marginal’ Aquarius Pt waits for metal surge
Jean Nel, the no-nonsense CEO of Aquarius Platinum, described his business as "marginal" in current market conditions, a change in which was "not imminent".
Wesizwe says PTM project ‘below criteria’
Wesizwe Platinum gives a brief explanation for its decision not to fund its portion of PTM's Western Bushveld Joint Venture, adding its Bakubung project was "well funded".
PTM surges as talks open with new investors
Shares in Platinum Group Metals staged a comeback as the company said it had opened talks with replacement partners for its WBJV mine.
Africa Wide skittles $506m PTM project
PTM stands to lose $260m in project funding and may have to search for a new empowerment partner as Africa Wide delivers the WBJV a serious body-blow.
Amplats 2.3m oz target unshaken by strike
Amplats was a highlight of Anglo American's third quarter production figures, but Kumba Iron Ore said export volumes would miss the forecast 40mt level.
Newplat success is double-edged sword for SA
Good opportunism by Absa Capital to have seen the gap for a platinum debenture, but it's popularity is also a way of going short on SA platinum output.