SA platinum output unlikely to rebound
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
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.
Nkwe Platinum lines up Zijn Mining takeover
Zijn Mining tries its luck in South Africa's platinum sector once again offering to buy
up to 29% of Nkwe Platinum and possibly take out shares owned by Genorah.
Draft released for indigenisation step change
Zimbabwe's government has confirmed it is developing amendments to its
indigenisation policy so that foreign miners will no longer be compensated for
ceding majority shares to locals.
Northam working again
Northam Platinum has recommenced mining operations after reaching an
agreement to resolve an unprotected strike which has cost the miner R192m in
revenue.
Eastplats halts CRM funding
Eastern Platinum has suspended the development of its Crocodile River Mine,
citing a host of factors.
Amplats figures highlight need for rightsizing
Based on Anglo American Platinum's first quarter production figures, the importance of finding a way forward with the restructuring of the company cannot be overstated.
RBPlats bounces on positive production report
Royal Bafokeng Platinum has closed almost 5% higher following the release of a favourable quarterly production report.
Northam losses rise as strike continues
Production losses at Northam Platinum have started ticking up as a strike among
rock drill operators at its Zondereinde mine extends into its third week.
Northam RDOs reject pay offer, seek 38% boost
Rock drill operators at Northam Platinum's Zondereinde are demanding a 38% increase after downing tools on April 2. Some R46m has been lost in revenue.