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Eastplats finalises $100m debt facility

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Eastern Platinum says it has finalised a $100m debt facility for the funding of its Mareesburg Project.

Zimbabwe moves to ban raw platinum exports

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Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.

Nkwe Platinum still stuck in the mud

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A year after Nkwe Platinum dismissed any threat to its development plans from ARM, the company is unable to reach an agreement over the disputed prospecting rights.

Lonmin finalises wage deals

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Lonmin and the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union have wrapped up outstanding wage increase negotiations.

Platmin pledges JSE relisting by 2013

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Platinum group metal producer Platmin says it has promised to relist on the JSE before January 2013.

Solidarity seals wage deal with Lonmin

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Trade union Solidarity says it has reached a two-year wage agreement with platinum miner Lonmin that will see its members get pay rises of up to 8%.

Northam hit by safety inspections

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Northam Platinum says its only producing mine has been hit by several stoppages due to government safety inspections, part of a wider campaign that has hit the sector.

Mimosa gives 10% to Zimbabwe locals

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Zimbabwe's Mimosa mine, a JV between Impala Platinum and Aquarius, has given a 10% stake to locals, says a government minister.

JP Morgan warns over slumping platinum output

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JP Morgan Cazenove has sounded a warning over the negative impact on the platinum miners of falling production linked to increased safety inspections by the Department of Mineral Resources.

Xstrata sticks by Lonmin investment

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Xstrata said it was unsure how to capture the value in its 25% stake in Lonmin but said it continued to see value in the position.