Sylvania Platinum to spend R600m adding chrome to output
SYLVANIA Platinum today unveiled a new joint venture that will add chrome production to the platinum group metals (PGMs) portfolio and increase PGM output.
The agreement...
Implats’ earnings crash as price weakness, Eskom weigh
POWER supply reductions, cost inflation, and a decline in the basket price for platinum group metals (PGMs) weighed on Impala Platinum (Implats) in its...
Strike at Wesizwe Platinum’s Bakubung mine enters third week
A STRIKE at the Bakubung platinum group metal (PGM) mine operated by China's Wesizwe Platinum has entered its third week without sign of resolution.
The...
What now for Northam CEO Paul Dunne?
CEOs at S&P 500 companies stay in their jobs for an average of seven years, the Harvard Business Review says. It’s shorter than that...
Implats has work cut out reviving RBPlat as firm posts interim...
IMPALA Platinum (Implats) has its work cut out reviving Royal Bafokeng Platinum (RBPlat), the company for which it will pay R26bn in cash as...
Why the bull run in metal and mineral prices will resume
SPEAKING at the London Indaba conference this month, Anglo American's senior economist Paul Gait demonstrated a divergence between the investment market's stated views about...
Amplats appoints finance director Craig Miller as new CEO
ANGLO American Platinum (Amplats) today announced that its finance director Craig Miller would take over running of the company from outgoing CEO, Natascha Viljoen.
The...
Wesizwe says platinum mine closed until further notice owing to strike
WESIZWE Platinum said its Bakubung Platinum Mine north of Rustenburg in South Africa's North West province would remain closed "until further notice" following an...
Implats to delist RBPlat after acquiring more than 90% in RBPlat
IMPALA Platinum (Implats) is to delist Royal Bafokeng Platinum (RBPlat) after acquiring more than 90% of the company in a cash and shares takeover...
Amplats says PGM prices to bottom out this year after sell-off...
ANGLO American Platinum (Amplats) said a major sell-off in platinum group metals (PGM) this year which has seen the dollar basket price fall 29% to...