Platinum

Northam gives mind to reopening Eland as rhodium soars

NORTHAM Platinum said it was "well advanced" in developing its mine plan for Eland Platinum, the purchase of which from Glencore was made unconditional...

Tharisa to pay R303m for MCC mining fleet purchase

PLATINUM group metal (PGM) and chrome producer, Tharisa, confirmed plans to convert to owner-operatorship of its Tharisa mine near Rustenburg at a cost of...

JV with Implats among Sibanye’s platinum options

POOL and share agreements, joint ventures, or sales of mineral resources between adjacent mineral right holders were among the mechanisms through which Sibanye Gold...

Amplats stumped as SA platinum coin yet to materialise

IT'S been two years since former Impala Platinum marketing executive Derek Engelbrecht announced early stage plans to mint a Nelson Mandela platinum coin. Since...

SA platinum miners “dysfunctional” says JP Morgan

South Africa’s platinum miners resemble a “dysfunctional oligopoly” and are currently increasing supply despite depressed platinum prices with no meaningful improvement in the situation...

Jury out on whether AMCU has appetite for war of attrition

PLATINUM mineworkers’ current wage agreement with Anglo American Platinum (Amplats), Impala Platinum, and Lonmin came to an end on June 30, and the mining...

Is Nico Muller suited to the high level management of Implats?

THE appointment of Nico Muller as CEO of Impala Platinum (Implats) has drawn mixed reaction from the investment community with the focus falling on...

Eastplats agrees $50m sale of Crocodile River to Chinese

EASTERN Platinum (Eastplats) is to sell its Crocodile River Mine (CRM) to China's Hebei Zhongheng Tianda Platinum Company (HZT) in a $50m deal that...

Amplats to tell unions that 2016 will be another tough year

ANGLO American Platinum (Amplats) CEO, Chris Griffith, doesn't expect the lengthy disruption of 2014 when his company sits down to wage negotiations with unions...

Lonmin feared to be in “vicious cycle” of under-investment

SHARES in Lonmin – up about 141% this year - have a long way to go before clawing back the dramatic losses suffered between...