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Eastplats subsidiary gets Mareesburg rights

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Eastern Platinum says it has been granted a new order mining right for subsidiary Lion's Head Platinum's Mareesburg project.

Market values RBPlat at R9.9bn

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Royal Bafokeng Platinum has priced its initial public offering at the middle of its range, raising R2.9bn, which hands the group an effective price tag of R9.9bn.

Zimplats suffers revenue drop

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Impala Platinum's Zimbabwe unit, Zimplats, said on Wednesday its revenue had dipped 5% dip in the third quarter due to lower metal prices and sales volumes.

Competing bid likely for Wesizwe Platinum

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RBC Capital Markets analyst Leon Esterhuizen reckons competition for control of both Wesizwe Platinum and Toronto-listed neighbour Platinum Group Metals could easily heat up.

What it takes to go mining

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Royal Bafokeng Platinum's pre-listing statement lays out chapter and verse the hassles of mining in South Africa.

Afripalm granted R1.3bn injection

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Nedbank Capital says it has concluded a R1.3bn refinancing deal of Afripalm Resources.

Anglo Pt gains on cautionary

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Shares in Anglo Platinum were 3.4% higher on Friday following news its was involved in negotiations that could have a material effect on its share price.

Aquarius Platinum looks at listing Mimosa

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Mimosa - the Zimbabwean platinum producer jointly owned by Aquarius Platinum and Impala Platinum could be listed on the Zimbabwe Stock Exchange.

AngloPlat output jumps, warns on rand

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Anglo Platinum posted an 11% rise in third-quarter production, but said the stronger rand may hurt its earnings.

The Bafokeng and AngloPlat bury the hatchet

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Royal Bafokeng Holdings and Anglo Platinum have settled their differences and are totally focused on making a success of Royal Bafokeng Platinum according to CEO Steve Phiri.