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Zim govt in talks with miners wanting time

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Zimbabwe is in talks with mining that firms that have requested more time to complete their indigenisation plans.

Impala must improve on 2006 Zim deal

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Impala Platinum said the Zimbabwean government had recognised Impala's previous indigenisation agreement, which must now be improved upon.

Dismay at platinum sector pressure

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The rollercoaster performance of South Africa's platinum stocks may reflect the view towards equities in general but the platinum market suggests evidence of a growing deficit.

Anglo Plat averts strike, lost output

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Anglo Platinum says its production targets are safe from strike action after the company signed 8% to 10% wage deals with unions.

Zimplats wrangle descends into farce

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Zimbabwe's empowerment minister strikes an isolated figure as the ability to impose indigenisation is questioned by the country's own ministers.

Zimbabwe turns up the heat on Zimplats

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The Zimbabwe government has threatened to cancel Zimplats mining licence in the latest bout of "sabre rattling" over the country's indigenisation requirements for mining companies.

Village declares Lesego to be shallower

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Village said it had intersected platinum group metals at its 77%-held Lesego platinum prospect at some 700m, almost half the initial estimated depth of the resource.

Impala locked in Zim discussions

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Impala Platinum remained in talks with the Zimbabwe government about requirements to transfer a 51% stake in its Zimbabwe unit Zimplats to local blacks.

Num accepts Amplats wage offer

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The National Union of Mineworkers has accepted platinum producer Anglo American Platinum's wage offer, says a union spokesperson.

Num condemns Lonmin community deal

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Lonmin's agreement to employ only locals at its Marikana mine in Bapong promotes xenophobia, says the National Union of Mineworkers.