Southern Palladium appoints former Minerals Council CEO as chair
ROGER Baxter, the former CEO of South Africa's Minerals Council, has been appointed non-executive chair of Southern Palladium.
The Johannesburg-listed exploration firm said on November...
Sibanye-Stillwater to cut 287 jobs at US mine as palladium halves
THE grim prospects for the palladium price has forced Sibanye-Stillwater into a fresh round of restructuring at its US mine Stillwater Mining.
Sibanye-Stillwater announced today...
Implats shuts Rustenburg Mines as it counts cost of tragedy
IMPALA Platinum (Implats) is to suspend production at its Rustenburg Mines for two days while it runs competency checks on winder equipment at other...
Eleven miners killed, 75 injured in Implats Rustenburg accident
ELEVEN miners lost their lives and a further 75 were injured in an accident on Monday afternoon at 11 shaft in Impala Platinum's (Implats') Rustenburg...
Wesizwe Platinum to cut jobs at “bloated” Bakubung mine
THE jobs bloodbath in South Africa's platinum group metal (PGM) sector worsened on Monday after Wesizwe Platinum said it planned to restructure its "bloated"...
Anglo discusses job cuts at Amplats, Kumba Iron Ore
ANGLO American acknowledged it was under pressure following sustained weakening in platinum group metal prices (PGMs) and a decline in the performance of South...
What Sibanye-Stillwater’s bond says about its prospects
SHARES in Sibanye-Stillwater were hammered yesterday as investors took short positions while others bailed on the stock.
This was after the precious metals miner announced...
Sibanye-Stillwater unveils $500m bond to finance expansion
SIBANYE-Stillwater is to issue $500m in convertible bonds which it will use to finance the recently announced $155m acquisition of recycling operations in the...
Platinum price is set to respond to underlying supply deficit
PLATINUM is expected to end 2023 with a supply deficit of about 1.07 million ounces largely owing to demand which is forecast to be...
Sibanye CEO asks shareholders to hang in for ‘ah-ha’ moment
SIBANYE-Stillwater will move into net debt next year as capital expenditure from its battery minerals project pipeline ramped up, the miner said in a...