Sibanye-Stillwater cuts gold, nickel and PGMs production for 2023
SIBANYE-Stillwater announced cuts to production guidance for gold, nickel and platinum group metals (PGMs) owing to operational mishaps, a strike, and lower metal prices.
Publishing his...
Northam disposes of remaining stake in Implats for R251m
NORTHAM Platinum said today it had sold the remaining shares it owned in Impala Platinum (Implats) as a result of having accepted the firm's...
Northam hasn’t abandoned M&A with Amplats’ Amandelbult a future target
NORTHAM Platinum CEO Paul Dunne said that while the platinum group metals (PGMs) producer would be "inward looking" amid a trough in metal prices...
Northam unveils R3.4bn in dividends, share buy-back after rollercoaster year
NORTHAM Platinum Holdings today announced a much-anticipated resumption of dividends - its first cash return in over 10 years - unveiling a R6 per...
Implats impairs Canadian mine by R7.8bn as palladium plummets
IMPALA Platinum (Implats) has taken a heavy hit on its Canadian mine, impairing the asset by more than half its initial R11.4bn purchase price...
Does new Amplats CEO Craig Miller have what it takes?
INCOMING Anglo American Platinum (Amplats) CEO Craig Miller ought to have an easier ride than his predecessor.
In her three years as boss of the...
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...