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Amplats to cull Union mine, says report

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Anglo American Platinum was likely to target Union mine, the 254,000 ounce a year operation when it unveiled its restructuring plans, speculated to be on January 15.

Implats finally bows to Zim indigenisation laws

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After more than a decade of controversy, it seems that Impala Platinum has finally bowed to Zimbabwe's indigenisation laws.

Implats deal provides certainty: Goodlace

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Impala Platinum CEO, Terence Goodlace, said the sale of 51% of the firm's Zimplats stake ended years of uncertainty.

Zimbabwe may reduce mining fees

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Zimbabwe said it would halve mining fees after companies, including Impala Platinum, said they were hindering development.

Lonmin pumps rights issue into $700m debt

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LONMIN has used the bulk of its $817m rights issue raised earlier this month to repay its $700m bank debt.

Aquarius, Implats agree $550m Mimosa sale

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Aquarius Platinum and Impala Platinum have sold just over half of their shares in Mimosa Platinum in line with Zimbabwe's indigenisation law.

Sylvania boss sacrifices 33% of salary

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Sylvania Platinum executives took pain for the team announcing they would forgoe up to a third of their salaries for the remainder of the financial year, ended-June.

PTM adds lustre to bruised SA platinum

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Platinum Group Metals said it would sell shares for $182m ahead of drawing down $260m in finance - enough to fully fund its 275,000 oz WBJV Project One.

Implats rejects Zim delay tactics, amends deal

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Implats says leaked papers are "an internal discussion" on indigenisation and that it has amended its proposal to vendor-finance the sale of Zimplats.

Wesizwe Pt says capital escalation possible

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Jianke Gao, CEO of Wesizwe Platinum, says his company can't discount further calls on capital but that shareholder, Jinchuan, remained supportive.