Anooraq appointee presages Anglo’s ‘new deal’
Dawid Stander will be MD of Anooraq Resources' Bokoni Platinum Mines as it enters
"an exciting growth phase" - a sure hint that a refinancing deal with Anglo American
Platinum is imminent.
Implats appoints Goodlace as new CEO
Impala Platinum has announced the appointment of Terence Goodlace as its new CEO, with effect from July 1.
SA ‘a difficult place’ to be, says Aquarius
Aquarius Platinum CEO Stuart Murray has severely criticised the regulatory
uncertainties that adversely affect the group’s operations in both SA and Zimbabwe.
Two workers die at Modikwa, says NUM
Two miners have died at Modikwa Platinum after a cave-in, bringing the number of workers killed at mines this year to more than ten, says the National Union of Mineworkers.
AllanHochreiter to list Sable Platinum
James Allan and Rene Hochreiter are to list their platinum interests through a reverse
takeover of the New Corpcapital cash shell, despite grim times in the platinum sector.
Intimidation wracks Impala’s Rustenburg mine
NUM claims widespread intimidation by a new, emergent union is the root cause of
a 20,000-person strong stay-away at Impala Platinum's key mine.
PGM prices to falter in 2012, recover in 2013
Concerns about global growth are likely to soften platinum and palladium demand this year, although production shortfalls in SA are likely to support prices.
Zimplats workers return to work
Workers at the Zimbabwean unit of platinum miner Impala Platinum have returned to work after going on strike last week over electricity bills.
Safety stoppages hit Lonmin Q1, confirms target
Lonmin has posted a rise in first quarter output, despite the impact of safety stoppages which it warned could hit both sales and costs if current trends persist.
DMR task team to review safety stoppages
Government, industry and organised labour have established a task team that will
review how safety stoppages ‒ known as Section 54s ‒ are applied to the mining
industry.