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Implats, Angloplat in indigenisation talks

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Angloplat and Implats are cooperating with Zimbabwe on proposals to sell majority shares in their local operations to locals, says a government minister.

Lonmin doubles profit, confirms guidance

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Lonmin says operating profit more than doubled to $144m in the first half and confirmed sales guidance for 2011, despite an increase in safety stoppages.

Lonmin bucks downward trend

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Lonmin shares have moved against the negative direction among platinum producers, following improved financials and a positive adjustment of its long-term forecast.

Platinum could breach $2,000, says GFMS

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The platinum price could rise above $2,000/oz depending on investment demand for the metal, according to the latest GFMS survey of the platinum and palladium markets.

GFMS: wage talks won’t hurt platinum supply

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The global supply of platinum is expected to rise slightly this year, with upcoming wage talks in South Africa not expected to have a big impact, says research firm GFMS.

Aquarius finally snares Booysendal

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It has taken years, but Aquarius Platinum CEO Stuart Murray has pulled off the deal he had predicted would eventually take place over the Booysendal South platinum deposit.

Aquarius hit by safety stoppages

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Aquarius Platinum is the latest platinum company to report having its operations affected by a safety crackdown implemented by the department of mineral resources.

Zimplats in final talks with state

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Impala Platinum's Zimbabwe unit in two weeks expects to conclude talks with the government about its compliance with local ownership proposals, says its CEO.

AngloPlat keeps target despite output drop

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UPDATED: Anglo Platinum has kept its full-year production target, despite a 5% fall in first-quarter output attributed to safety stoppages.

Nkwe, rival told to kiss and make up

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Nkwe Platinum will be forced to sit down and talk with its court rival over prospecting rights on a farm it lost in a Constitutional Court judgment last year.