Friedland to storm back with IvanPlats
Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.
Platinum miners not worried by power cuts
SA's platinum miners say they are confident there would be sufficient electricity to power their mines this month, despite Eskom's warning of tight supply.
Keysha keen on Lonmin partnership
Keysha Investments says it wants to talk to Lonmin on how the firms can mine a portion of Marikana together, following the dismissal of Lonmin’s appeal over Keysha’s prospecting right.
Desperate PLA lets go of Smokey Hills contractor
Platinum Australia is hoping for a fresh start after a share price plunge of around 90% in 2011, announcing it will from now on conduct its own operations at the Smokey Hills mine.
Lonmin’s pains hit CEO Farmer’s pocket
Lonmin CEO Ian Farmer had to let go of some R3m’s worth of incentive shares in the last two months, following the miner’s failure to meet targets.
Zimplats ‘hit with $28m royalties bill’
Zimbabwe has instructed the bankers for Zimplats to pay $28.3m in outstanding royalty payments, which the platinum miner is disputing, reports state media.
Eastplats finalises $100m debt facility
Eastern Platinum says it has finalised a $100m debt facility for the funding of its Mareesburg Project.
Zimbabwe moves to ban raw platinum exports
Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.
Nkwe Platinum still stuck in the mud
A year after Nkwe Platinum dismissed any threat to its development plans from ARM, the company is unable to reach an agreement over the disputed prospecting rights.
Lonmin finalises wage deals
Lonmin and the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union have wrapped up outstanding wage increase negotiations.