Home News PGMs Page 169

PGMs

AngloPlat still out in the cold

Anglo Platinum has still not converted any of its old order mining rights into new order mining rights more than two years after Anglo American CEO Cynthia Carroll reckoned the situation was sorted.

Aquarius implements safety review at Blue Ridge

Aquarius Platinum has undertaken a critical and comprehensive review of the mine plan and safety procedures and practices at the Blue Ridge Platinum Mine in Mpumalanga following two fatal accidents that occurred at the mine in the past month.

Aquarius shares dented by safety review

Shares in Aquarius Platinum are down more than 7% after the company said a safety review at its Blue Ridge Mine in Mpumalanga would have a negative impact on production in the short term.

Anooraq to change name

Platinum exploration firm Anooraq Resources on Friday announced that it planned to change its name to Atlatsa Resources Corporation to reflect the South African focus of the company.

Debt is Anooraq’s Achilles heel

Anooraq Resources' Achilles heel is the company's very high level of debt which management must reduce as an urgent priority according to a research report released by JP Morgan Cazenove.

Zimbabwe platinum poised for lift-off

Zimbabwe’s emerging platinum sector appears to be on the verge of a boom as Implats goes for the $500m second phase expansion at Ngezi and other potential mines wait in the wings.

Ex-Nkwe CEO dies in Congo plane crash

Craig Oliver, well remembered in SA mining circles from his time as Nkwe Platinum CEO, has been killed in a plane crash in the Republic of Congo.

Northam hikes Booysendal capex

Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.

Bakubung used funds for microlender

About half of the R700m raised as the Bakubung nation's Wesizwe Platinum shares was invested in microlender Mafori Capital, it has been confirmed.

Eastplats considers expansion options

Eastern Platinum is looking again at how it could develop the various expansion projects it controls on the Eastern Limb of the platinum-bearing Bushveld Complex.