Northam Platinum emerges in decent shape after bruising two-year battle
ALL'S well that ends well in the two-year battle between Impala Platinum and Northam Platinum? That would seem to be the conclusion, for now.
One...
Northam’s Dunne says there’s no pressure to quit after selling RBPlat...
PAUL Dunne said he had every intention of extending his nine-year stint as CEO of Northam Platinum after the platinum group metal (PGM) today...
Northam to sell stake in RBPlat for R13.1bn as PGM market...
NORTHAM Platinum is to sell its 34.5% stake in Royal Bafokeng Platinum (RBPlat) ahead of a "potentially protracted downturn" in platinum group metal prices...
Amplats to post heavy interim earnings hit after metal price meltdown
ANGLO American Platinum (Amplats) is set to report a heavy decline in interim earnings following steep declines in metal prices, lower output and higher...
Miner says offshore smelter for SA palladium project could be cheaper
TORONTO-listed Platinum Group Metals (PTM) said it was considering building smelting and refining facilities for the metal outside South Africa.
In a third quarter update,...
Northam lifts output but CEO warns of inflation, loadshedding challenges
NORTHAM Platinum today reported a 13% increase in refined production from its own operations of 809,775 ounces for its 2023 financial year owing to a...
PGM price collapse has triggered “disconnect” in Tharisa value, says CEO
THARISA CEO Phoevos Pouroulis said today a one-fifth decline in the firm's share price since June represented "a disconnect" between the domestic economy and...
Zimbabwe “worried” over delays to platinum mine
ZIMBABWE'S government is due to meet with Bravura Holdings over delays to a proposed platinum group metals project, said Bloomberg News in an article...
Northam Platinum eases pressure on balance sheet with restructuring
NORTHAM Platinum said today access to funds had increased to R11bn after increasing its five year rolling credit facility by R2.85bn to R10bn.
Existing general...
Froneman tells short term investors not to buy Sibanye-Stillwater shares
SIBANYE-Stillwater CEO Neal Froneman has urged investors not to buy the company's share if they have short-term goals – the company is not for...