Locals to get 10% of Zimplats
Local communities are to acquire a 10% stake in Implats' Zimbabwe unit Zimplats under an empowerment deal, says Implats CEO David Brown.
ENRC requests Northam seat
The Kazakh metals producer wants its chief commercial director to take a position on Northam's board indicating it wants to up its participation in the South African platinum firm's affairs.
Implats seals wage deal
Impala Platinum says it has reached a two-year wage deal with the National Union of Mineworkers, averting a possible a strike at the miner.
Jubilee flogs farm, seeks investor
Anglo Platinum deemed the suitor for minerals owned by Jubilee Platinum's Tjate Platinum Corporation. Jubilee also in talks to attract investor for $650m mine.
Lonmin’s favourable deal on Messina
Lonmin has struck a favourable deal over its mothballed Messina platinum mine, according to JP Morgan Cazenove, but only if Shanduka delivers the goods operationally.
Jubilee losses widen due to smelter spend
Jubilee Platinum has reported a widening of its full year loss as it continues to spend on its smelter operations.
New management shapes Wesizwe’s future
Wesizwe is now a jump ahead of its rivals with a fully-funded platinum mine under development but you would never know that judging by its underperforming share price.
Buy platinum metal, not the shares – JP Morgan
Investors should go for physical platinum and palladium in the short-term as the platinum mining companies battle operational headwinds, according to JP Morgan Cazenove.
Smokey Hills back in production
Platinum Australia says underground production at its Smokey Hills mine have resumed, following disruptions due to blockages to the access road.
NUM says wage talks with Implats falter
The National Union of Mineworkers says separate wage talks with Exxaro Resources and Impala Platinum have deadlocked but strike action was not imminent.