ENRC buys Northam stake for R2.2bn
ENRC is to buy a 12.2% stake in Northam Platinum from Mvelaphanda Resources for R2.2bn in cash, leaving the way clear for the latter to begin an unbundling process.
Wesizwe, PTM close critical deal
Wesizwe and Platinum Group Metals have cleared the final hurdle that will allow them now to finalise deals to finance their platinum mines, which may include bringing in strategic partners.
Angloplat maintains target, sees market deficit
Anglo Platinum maintains its full-year production target of 2.5 million oz despite a quarter-on-quarter fall in output. It expects the platinum market to show a deficit this year on the back of strong demand.
GFMS sees firm platinum price
Gold Fields Mineral Services (GFMS) predicts continued strength in both platinum and palladium prices this year driven by investment demand and economic recovery.
Platinum surges to two-year high
Platinum surges to a two-year- high on strong auto demand and investor interest.
Platmin bolsters its war chest by $250m
Platmin bolsters its war chest with $250m as its consolidation plans take shape in the South African platinum sector.
Community faction confronts Wesizwe
A small group of disgruntled community members march on Wesizwe. Questions are asked if this is merely a desperate diversion tactic in light of a court bid to reveal the whereabouts of some R500m.
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.