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Ex-Nkwe CEO dies in Congo plane crash

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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

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Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.

Bakubung used funds for microlender

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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

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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

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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.

Jubilee advances platinum plant plans

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Jubilee Platinum is moving rapidly to build a commercial plant to treat chrome-rich platinum concentrate, an important development in the South African platinum sector.

Nkwe sets JSE date, awaits Xstrata decision

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Nkwe optimises a bankable study into a R6.5bn-R8.3bn platinum project ahead of a listing on the JSE and Hong Kong. Xstrata must decide if it wants to earn into the project and shoulder the costs.

Implats output unaffected by work stoppage

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Impala Platinum says its production remains unaffected by a work stoppage at its 12 Shaft operation in Rustenburg.

Wesizwe’s R6.6bn China option in the balance

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Shareholders in platinum junior Wesizwe will decide in the next three months whether to go ahead with a R6.6bn capital injection that will see a Chinese consortium take control of the company.

Lonmin extends main furnace shut down

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Lonmin is to step up toll-treatment arrangments after it extended the month-long shut down of its Number One furnace by up to 30 extra days after earlier repairs failed.