Aquarius shares dented by safety review
Shares in Aquarius Platinum are down more than 7% after the company said a safety review at its Blue Ridge Mine in Mpumalanga would have a negative impact on production in the short term.
Aquarius implements safety review at Blue Ridge
Aquarius Platinum has undertaken a critical and comprehensive review of the mine plan and safety procedures and practices at the Blue Ridge Platinum Mine in Mpumalanga following two fatal accidents that occurred at the mine in the past month.
Anooraq to change name
Platinum exploration firm Anooraq Resources on Friday announced that it planned to change its name to Atlatsa
Resources Corporation to reflect the South African focus of the company.
Debt is Anooraq’s Achilles heel
Anooraq Resources' Achilles heel is the company's very high level of debt which management must reduce as an urgent priority according to a research report released by JP Morgan Cazenove.
Zimbabwe platinum poised for lift-off
Zimbabwe’s emerging platinum sector appears to be on the verge of a boom as Implats goes for the $500m second phase expansion at Ngezi and other potential mines wait in the wings.
Ex-Nkwe CEO dies in Congo plane crash
Craig Oliver, well remembered in SA mining circles from his time as Nkwe Platinum CEO, has been killed in a plane crash in the Republic of Congo.
Northam hikes Booysendal capex
Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.
Bakubung used funds for microlender
About half of the R700m raised as the Bakubung nation's Wesizwe Platinum shares was invested in microlender Mafori Capital, it has been confirmed.
Eastplats considers expansion options
Eastern Platinum is looking again at how it could develop the various expansion projects it controls on the Eastern Limb of the platinum-bearing Bushveld Complex.
Eastplats can increase production
Eastern Platinum, South Africa's sixth-largest platinum group metals producer, says the company has the potential to increase its production to 600 000 ounces per annum.