Amplats paints grim outlook for platinum mining
Amplats CEO Neville Nicolau has confirmed recent assessments by analysts that the
platinum sector is facing tough times due to low prices and falling production.
Implats to rehire all fired workers
Impala Platinum Holdings and the National Union of Mineworkers have reached an agreement regarding an illegal strike at Rustenburg mine, says the union.
Platinum on the back foot
The platinum sector has seemingly "caught the gold disease', with difficult days
ahead for both producers and investors.
Desperate Aquarius’s share price tumbles
Aquarius Platinum’s earlier warning that its interim figures would be less than flattering
has not prepared the market for the severity of the predicaments the group is facing.
Nkwe, ARM’s rights standoff continues
Nkwe Platinum says it is still in negotiations over the dispute as to the ownership of certain farms controlled by the company and its majority shareholder, Genorah Resources.
NUM challenged by Implats member revolt
The unprotected strike paralysing Impala Platinum's flagship mining complex in
Rustenburg represents a rebellion against the National Union of Mineworkers by its
members.
Anooraq, Amplats unveil rearranged deal
Anglo American Platinum has made public the long-awaited restructuring of its
investment in empowerment partner, Anooraq Resources, in a radical R5bn plan.
Implats fires 13,000 workers
IMPALA Platinum , the world's second largest platinum producer, said on Thursday it had dismissed 13,000 employees, bringing to 17,200 those sacked since the start of a labour dispute almost two weeks ago.
Implats starts to dismiss ‘no shows’
Workers who did not report for duty at Impala Platinum Holdings Rustenburg mine on Wednesday will be dismissed, says the company.
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.