Home News PGMs Page 155

PGMs

Motsepe reiterates interest in platinum deals

0
Patrice Motsepe, executive chairperson of African Rainbow Minerals, said his firm was interested in platinum acquisitions, reiterating comments made in September.

Wesizwe captures $650m in Bakubung loan

0
Wesizwe Platinum will bridge the R1.4bn in increased capital expenditure announced last year with a $650m loan from the China Development Bank.

Amplats furore knocked R40bn off Anglo

0
Investors fled Anglo American, although according to a legal expert the suspension of its mining licences would have to be conducted through the courts first.

Amcu gears up for weekend of protest

0
The Associated Mineworkers & Construction Union (Amcu) said it had persuaded Amplats workers to return to work but said protests would kick off this weekend.

Strike rumblings at Amplats Rustenburg mines

0
There are unconfirmed reports of strikes at Anglo American Platinum's Rustenburg sections amid calls by the NUM to resist protests as this will only hasten job losses.

Amplats restructure plan unleashes political storm

0
A proposal to cut production and jobs has backfired in the most spectacular circumstance for Amplats with Government accusing it of complex mineral hoarding.

Amplats unveils plan to cut 400koz, 14,000 jobs

0
Anglo American Platinum has unveiled its restructuring plan which perhaps goes further than some analysts expected yet may rile unions as the jobs cuts are deep.

Zimbabwe to lower royalties in Implats deal

0
In addition to acknowledging Impala Platinum's 'release of ground' deal, the Zimbabwean government will also lower royalties.

Amplats slides into loss, output to be 2.1m oz

0
Anglo American Platinum will report heavy losses amid write-downs of uneconomic projects and production decline that is likely to see 2.1m oz in refined output.

Amplats to cull Union mine, says report

0
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.