Village Main Reef Gold Mining has concluded binding agreements with additional shareholders in Lesego Platinum that together own 76.6% of the project's inferred resource for a total purchase consideration of R506.8m.
Platinum Australia, the Australian exploration firm developing platinum projects in South Africa, says that underground mining operations have recommenced at the Smokey Hills Mine.
Merafe Resources CEO Steve Phiri will step down at the end of March to become CEO of Royal Bafokeng Holdings' (RBH) new platinum company.
Platinum Australia says this week's strike should be over by Monday as a contractor grapples with its workers. The platinum junior's shares have taken a smack.
Platinum Australia, the Australian exploration firm developing platinum projects in South Africa, reports that strike action at its Smokey Hills mine in SA has halted almost all operations at the mine.
The South African platinum sector is starting to look up again, but what are the challenges and which stocks should investors be watching.
UPDATE - Northam Platinum approves R340m spend for its R3bn Booysendal project ahead of the start of construction in July. The rand batters the company's interim results.
Platinum exploration firm Anooraq says it has settled a dispute with Ivanplats over an agreement relating to the Rietfontein property located on the northern limb of the Bushveld Igneous Complex in South Africa.
Mid-tier platinum producer Northam Platinum has confirmed that it is planning to spend R3.05bn on the development of its company-transforming Booysendal project.
Patrice Motsepe let the cat out of the bag at Monday's ARM results briefing when he unwittingly revealed the group's plans for Zimbabwe which had been kept under wraps until now.