Battle heats up for platinum assets
The acrimonious fight for control of platinum riches belonging to a North West tribe, the Bakubung-Ba-Ratheo, which is the empowerment partner of Wesziwe, is deepening.
Platinum supply side constraints remain: IAM
Platinum's supply side remains constrained, Investec Asset Management (IAM) says.
AngloPlat’s power house mine
Anglo Platinum's Mogalakwena open cast mine near Mokopane in Limpopo Province is the group's "jewel in the crown" because of its low operating costs and extremely long economic life.
AngloPlat considers raising output
Anglo Platinum CEO Neville Nicolau says the group may increase production by up to 200,000oz of platinum this year in response to improving market conditions.
Implats retirees to boost ops
Impala Platinum has put two former executive stalwarts - ex-CEO John Smithies and former head of Rustenburg operations Paul Visser - back in harness as it strives to improve its Rustenburg operations.
Wesizwe hunts partner, clears Solomon
Wesizwe hunts for a partner to develop its platinum project after its CEO Mike Solomon is cleared of any financial impropriety, clearing the air after a heated boardroom battle last year.
Eastplats loss narrows
EASTERN Platinum (Eastplats) on Wednesday reported a full year net profit attributable to equity shareholders of $5.7m compared to a net loss of $209.4m previously.
Jubilee Platinum H1 loss narrows
Mining exploration and development company Jubilee Platinum, has reported the narrowing of its first half headline loss to 0.11 pence a share from 0.37 pence a share the year before.
Platmin loss widens to $11.1m
Platinum junior Platmin, which is developing mines in South Africa, has reported the widening of its loss to $11.1m for the 10 months to end December 2009.
Lonmin shuts main furnace for month
Lonmin shuts its perenially problematic key furnace for a month but offsets production losses by starting up three smaller furnaces.