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Miners tumble as Harare turns up heat

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Platinum stocks took a hit as the Zimbabwean government gave miners six months to sell a majority stake in their firms.

Mugabe comments hit platinum miners

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Shares in platinum miners with operations in Zimbabwe plunged after President Robert Mugabe said he would press on with plans to sell 51% of foreign firms to locals.

Zimbabwe gets heavy on indigenisation

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The publication of a timetable for Zimbabwean mining indigenisation has put the cat among the platinum pigeons, with Impala and Aquarius investors running for cover.

Wesizwe to probe Ngculu bonanza

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Wesizwe Platinum is to probe whether prominent ANC politician James Ngculu should benefit from an empowerment trust.

Tough times for Anooraq Resources

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A year after Anooraq Resources took over the Bokoni platinum mine from Anglo Platinum, its team is finding it much harder than expected to turn it around.

Pan African starts construction at Phoenix

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Construction work has started on the Phoenix Platinum tailings retreatment project near Brits, where production should start in October if all goes to plan.

Platmin makes light work of farm boundary

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In a deal which may become a useful case study for the merits of consolidation, Platmin has acquired the property adjacent to its Tuschenkomst operating pit.

Bauba Platinum back on track

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Bauba Platinum shares have jumped significantly following the settlement of a dispute with the vendors of its platinum rights near Steelpoort.

Nkwe wins rights back, shares fall

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Nkwe Platinum has regained prospecting rights previously set aside by the Constitutional Court, yet its shares fell heavily following a recommencement of trading.

Are the Bakubung the biggest losers?

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The stake of the poor Bakubung tribe in Wesizwe Platinum has diminished substantially since it originally owned 33% of the company in 2004.