Aquarius swings back into profit
AQUARIUS Platinum swung to a net profit as higher metal prices outweighed lower output resulting from the temporary closure of the Everest mine.
Impala earnings up to 25% lower
Full year share earnings for Impala Platinum could be up to a quarter lower owing to a share-based expense.
Eastplats takes a knock
Eastern Platinum has been hit by lower production and sharply higher costs after it dismissed a quarter of its production crews in May because of poor safety compliance.
Lonmin ‘to account’ for Keysha’s minerals
The South African government has said Lonmin may have to account for minerals sold from land over which empowerment firm, Keysha, now has a prospecting right.
Lonmin to get base metal rights
Lonmin was likely to receive approval to sell base metals over areas it successfully received mining licence conversions several years ago, a government official says.
No major Northam earnings fluctuations
Platinum producer Northam Platinum expects its full year earnings per share and headline
earnings per share to be between 170 and 190 cents.
Wesizwe Pt probe was ‘limited’
Deloitte Consulting and Deneys Reitz were restrained from corroborating Wesizwe Platinum CEO Mike Solomon's statements with third parties, according to a report compiled by the auditor and lawyer.
Lonmin shares fall on nickel sales ban
Shares in Lonmin, the world's third-biggest platinum producer, fell around 3% as analysts say a South African government ban on its sales could be a serious threat to its business.
Lonmin the latest victim of the DMR
The Department of Mineral Resources has slapped an order on Lonmin to stop sellng base metals with immediate effect as yet another mining rights controversy brews up.
Wesizwe Platinum CEO to stand down
Wesizwe Platinum CEO Mike Solomon will call it a day at the end of September when his contract expires despite being cleared by the Wesizwe board of all allegations against him.