Platinum

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.

RBPlat bites lip as speculation grows it is being punished by...

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...

Eastplats sale to Chinese stalls amid bust-up

Eastern Platinum conceded that its chances of selling its South African assets to a Chinese company hinged on the buyer resolving shareholder differences.

Are the Bakubung the biggest losers?

The stake of the poor Bakubung tribe in Wesizwe Platinum has diminished substantially since it originally owned 33% of the company in 2004.

Bokoni key for Amplats BEE, says Atlatsa

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’s furnace woes curb output

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.

Tharisa forecasts stable chrome price as support returns

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...

PTM consolidates Waterberg projects

Platinum Group Metals consolidated its platinum prospects on the Northern Limb of the Bushveld and attracted $20m in exploration investment.

Amplats to cull Union mine, says report

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 firms, AMCU weigh 16% wage offer

Platinum companies and the Association of Mineworkers & Construction Union hope to break the 19-week strike with a 16% basic pay increase, sources say.