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.
Production disruption at Smokey Hills
Platinum Australia says production at its Smokey Hills Mine in Limpopo has been disrupted by blockages to the access road by communities adjacent to the road.
Fight for Wesizwe cash heats up
A state-appointed administrator has drafted a report which recommends that a lawsuit be instituted against the financial advisers of the Bakubung-ba-Ratheo community.
Zim govt in talks with miners wanting time
Zimbabwe is in talks with mining that firms that have requested more time to complete their indigenisation plans.
Impala must improve on 2006 Zim deal
Impala Platinum said the Zimbabwean government had recognised Impala's previous indigenisation agreement, which must now be improved upon.