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.
THERE is speculation of significant distress at the platinum facilities of Royal Bafokeng Platinum (RBPlat), a black-owned mining company, that has tempted it to take...
Eastern Platinum conceded that its chances of selling its South African assets to a Chinese company hinged on the buyer resolving shareholder differences.
The stake of the poor Bakubung tribe in Wesizwe Platinum has diminished substantially since it originally owned 33% of the company in 2004.
Atlatsa Resources said its joint venture partner in Bokoni Mines, Amplats, had acknowledged the asset it wants to quit is a cornerstone in its BEE strategy
Lonmin says its endless Number One furnace problems may be over, but not before the company’s Achilles’ once again puts a damper on operations.
THE chrome price was forecast to further stabilise amid evidence that demand for the metal would remain strong, said Tharisa, the Johannesburg-listed platinum group...
Platinum Group Metals consolidated its platinum prospects on the Northern Limb of the Bushveld and attracted $20m in exploration investment.
Anglo American Platinum was likely to target Union mine, the 254,000 ounce a year operation when it unveiled its restructuring plans, speculated to be on January 15.
Platinum companies and the Association of Mineworkers & Construction Union hope to break the 19-week strike with a 16% basic pay increase, sources say.