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Platinum IPOs suggest better days lie ahead

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The listing of IvanPlats in Toronto and Sable Platinum in Johannesburg shows that enterpreneurs and investors in platinum are not in short supply.

Lonmin faces credibility crisis at Marikana hearing

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Joseph Mathunjwa, president of Amcu, said Lonmin broke a promise to speak to miners in the day before the massacre of 34 miners at the Marikana mine.

Pallinghurst to keep platinum ‘newco’ private

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Now was not the time to re-list the platinum assets of Pallinghurst Resources, said the company's CEO, Arne Frandsen.

Debutant Sable Pt to seek $30m in funds

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Sable Platinum, reverse-listed into New Corpcapital on the JSE, is to seek $30m to help fund its five platinum and vanadium projects in South Africa's western Bushveld.

Lonmin wins support for $800m rights offer

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Betraying no hint of the conflict between his board and shareholder Xstrata, Lonmin's chairman says he looks forward to a dialogue now that the capital raiser will progress.

Atlatsa weighs refinance and mine changes

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Amid the 'forgotten strike' at its Bokoni mine, Atlatsa Resources says it is considering how its mine will look in the future as its corporate debt grows.

Unki deal raises question over Zimplats future

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Will the finalisation of Unki's indigenisation deal with the Zimbabwean government serve as the model for the larger Zimplats asset in which Impala Platinum is invested?

Xstrata delivers ultimatum on executive ouster

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Xstrata pledged its support for Lonmin's $800m rights issue, but then inferred Lonmin could face a management ouster if it didn't change its executive team.

Amplats breaks 8-week strike with new offer

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Anglo American Platinum ended a miserable flow of bad news late Wednesday saying workers were likely to accept a freshly revised pay offer.

Intimidation rife as Amplats extends wage offer

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Intimidation by people not employed by Anglo American Platinum was a major cause for the continuance of the strike at the platinum firm's operations, now into its eighth week.