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Implats ‘troubled’ by Kasukuwere’s curve ball

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Impala Platinum says it "notes with concern' a statement attributed to Zimbabwe’s Indigenisation Minister, Saviour Kasukuwere, that it has to sell its entire stake in Mimosa.

Platinum firms, AMCU weigh 16% wage offer

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

Sibanye-Stillwater buys up to 3% of own shares for R5bn

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SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today. This was in terms...

Eastplats loss narrows

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EASTERN Platinum (Eastplats) on Wednesday reported a full year net profit attributable to equity shareholders of $5.7m compared to a net loss of $209.4m previously.

SA platinum not done enough to remedy cash burn, over-supply

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SOUTH African platinum supply would increase by up to 400,000 ounces per year by 2021, said Goldman Sachs in a note which may worry...

Ill Lonmin CEO admitted to hospital

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Lonmin CEO Ian Farmer has been diagnosed with a serious illness and admitted to hospital, the group says. Meanwhile, 30 people have died in a police crackdown.

Northam’s Kukama shaft at Eland to restart in 2020 financial year

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Northam Platinum said on Wednesday that the Kukama shaft at its rhodium-rich Eland mine would restart in the new 2020 financial year, a key...

Afripalm granted R1.3bn injection

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Nedbank Capital says it has concluded a R1.3bn refinancing deal of Afripalm Resources.

Unloved platinum group metals in ARM could form grounds for share...

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THE share prices of companies producing platinum group metals (PGMs) have clearly been on the rise. Impala Platinum (Implats) is one of the best...

Implats extends offer for RBPlat shares ending hopes of double-quick deal...

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IMPALA Platinum (Implats) CEO Nico Muller's hopes of bringing the curtain down on the group's offer for shares in Royal Bafokeng Platinum (RBPlat) have...