Implats Q1 output plunges
Impala Platinum says first-quarter gross platinum production has declined by 12% to 388,000 ounces, due to operational issues and safety-related stoppages.
Asset swap coming at Anooraq: JP Morgan
Anooraq Resources is likely to swap some of its platinum resource inventory to get rid of the R5.5bn debt it owes to Anglo American Platinum, according to JP Morgan Cazenove.
Eastplats resumes production at SA mine
Eastern Platinum says it has resumed full production at its flagship Crocodile River mine, following a probe into a fatal accident at the mine earlier this month.
Kasukuwere heartened by Impala offer
Zimbabwe indigenisation proposal from Impala had set the parties on "a good course", according to minister, Saviour Kasukuwere.
Hard going for Anooraq and Eastplats
The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.
Pressure to stay on platinum, says Johnson Matthey
The platinum market will stay in surplus during 2011 and 2012, despite modest supply growth from South Africa, according to the latest research from Johnson Matthey.
Northam gets R1bn credit facility
Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.
Northam raises R1bn loan for Booysendal
Northam Platinum has made sure it can fund the construction of its new Booysendal mine to completion by negotiating a R1bn credit facility with Nedbank.
Lonmin hits sales target, boosts earnings
Lonmin says earnings have risen 59%, despite a strike at its Karee operations that forced it to cut output targets and drove up unit costs.
Lonmin thinking twice about growth plans
Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.