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Eastplats resumes production at SA mine

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Eastern Platinum says it has resumed full production at its flagship Crocodile River mine, following a probe into a fatal accident at the mine earlier this month.

Kasukuwere heartened by Impala offer

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Zimbabwe indigenisation proposal from Impala had set the parties on "a good course", according to minister, Saviour Kasukuwere.

Hard going for Anooraq and Eastplats

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The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.

Pressure to stay on platinum, says Johnson Matthey

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The platinum market will stay in surplus during 2011 and 2012, despite modest supply growth from South Africa, according to the latest research from Johnson Matthey.

Northam gets R1bn credit facility

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Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.

Northam raises R1bn loan for Booysendal

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Northam Platinum has made sure it can fund the construction of its new Booysendal mine to completion by negotiating a R1bn credit facility with Nedbank.

Lonmin hits sales target, boosts earnings

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Lonmin says earnings have risen 59%, despite a strike at its Karee operations that forced it to cut output targets and drove up unit costs.

Lonmin thinking twice about growth plans

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Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.

Impala weighs Leeuwkop decision

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Impala Platinum is still deciding on whether or not it will press ahead with the R10bn Afplats Leeuwkop project near Brits in the North West province.

Amplats in R3.5bn community plan

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Anglo American Platinum says it will implement a R3.5bn deal that will give 2.33% of the group to communities where it operates.