Unki deal raises question over Zimplats future
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
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
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
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.
SA platinum slide takes market into deficit
South African platinum production would be 300,000 ounces lower in 2012, said Johnson Matthey helping the market swing into a remarkable 400,000 oz deficit.
Lonmin urges support for $800m rights offer
Lonmin said its future was in jeopardy unless shareholders supported its refinancing, due for a shareholder vote on November 19. Crucially, it kept the door open to Xstrata.
Xstrata turns screws on Lonmin in takeover effort
In an extraordinary exchange, Lonmin has rejected the calls from its shareholder to
a reverse takeover and the resignation of its Board.
Lonmin seeks $800m in rights issue
UPDATED: Lonmin has proposed a rights issue of $800m, likely to take
place
before the end of the year, as part of a strategy to refinance its balance
sheet.
Battle weary Lonmin slashes capex further
Lonmin has reined in capital expenditure for the next two years by another
23% as the company seeks to map its way forward following the events at
Marikana.
Genorah to keep Nkwe stake
Nkwe Platinum says the equity stake of its major shareholder, Genorah Resources, is
safe following the lapse of a security lending agreement.