Lonmin finalises wage deals
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
Platinum group metal producer Platmin says it has promised to relist on the JSE before January 2013.
Solidarity seals wage deal with Lonmin
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
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
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
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
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.
Platmin to return consolidated: Gilbertson
Platmin's proposed delisting was the precursor to a stronger, consolidated company when the market was more supportive, said Brian Gilbertson, chairman of Platmin shareholder, Pallinghurst Resources.
Lonmin to raise workers’ pay by up to 10%
Lonmin says employees will receive pay rises and benefit improvements of up to 10%, depending on job grades, as part of a two-year wage agreement with NUM.
Platmin to delist until better days return
Platmin, a platinum group metals developer and explorer operating in South Africa, is to delist from Toronto and Johannesburg saying its share was under-valued and poorly traded.