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Aquarius confirms Mimosa’s plan rejected

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Aquarius Platinum says its proposed plan for the indigenisation of Zimbabwean subsidiary, Mimosa, has been rejected by authorities.

Num rejects revised Implats pay offer

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The National Union of Mineworkers says its members at Impala Platinum have refused a revised pay rise offer from the company and will refer the dispute to arbitration.

Northam battles unit, capital cost hikes

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The Booysendal project will now cost R3.9bn in today's money terms forcing the platinum producer, troubled by poor geology and rising costs, to seek additional debt finance.

RBPlat strikes landmark wage deal

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Royal Bafokeng Platinum CEO Steve Phiri is describing the wage deal struck with the National Union of Mineworkers as "landmark" because it links pay to performance targets.

Anooraq disappoints yet again

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The sooner Anooraq Resources sorts out its future with Anglo American Platinum the better as the company's share price remains depressed because of its grim financial situation.

Impala ups wage offer

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The National Union of Mineworkers says Impala Platinum (Implats) has improved its wage offer in a bid to avert a strike.

Platmin faces production delays

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The riots at Platmin's Pilanesberg mine in June could set back the ramp-up to full production by three to six months.

Volumes, prices to boost Impala earnings

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Impala Platinum is expects its full year earnings to be significantly higher, as dollar prices for metals increased and sales volumes improved.

Rand swings hurting growth, says Aquarius

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Stuart Murray, CEO of Aquarius Platinum, says swings in the value of the rand is making planning difficult and is the key reason for mothballing the Blue Ridge project.

Write-down hurts Aquarius Platinum

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A strengthening in the value of the rand, and non-cash write-downs at its Blue Ridge operation, took Aquarius Platinum to a full-year net loss despite better production and higher revenue figures.