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ARM dumps Namibian gold project

Diversified SA miner African Rainbow Minerals plans to divest from a gold project in Namibia by June and finalise development of a copper project in Zambia this year, it says.

Zimplats profit up despite output falling

Zimplats' metal output falls, but profits rise on firmer metal prices.

Aquarius gets basket price boost

Higher platinum group metal prices lifted Aquarius Platinum's revenues in the March quarter offsetting an 8% fall in production.

Brian’s next move

Brian Gilbertson's successful courting of two sovereign funds into the little known Platmin provides further evidence the commodity bull run is intact, and raring to go again.

ENRC buys Northam stake for R2.2bn

ENRC is to buy a 12.2% stake in Northam Platinum from Mvelaphanda Resources for R2.2bn in cash, leaving the way clear for the latter to begin an unbundling process.

IDC denies Wesizwe shares discount

The IDC has shed some light on its involvement in a series of transactions that led to the sale of Wesizwe platinum shares belonging to the Bakubung community.

Wesizwe, PTM close critical deal

Wesizwe and Platinum Group Metals have cleared the final hurdle that will allow them now to finalise deals to finance their platinum mines, which may include bringing in strategic partners.

GFMS sees firm platinum price

Gold Fields Mineral Services (GFMS) predicts continued strength in both platinum and palladium prices this year driven by investment demand and economic recovery.

Angloplat maintains target, sees market deficit

Anglo Platinum maintains its full-year production target of 2.5 million oz despite a quarter-on-quarter fall in output. It expects the platinum market to show a deficit this year on the back of strong demand.

Platinum surges to two-year high

Platinum surges to a two-year- high on strong auto demand and investor interest.