RBPlat given R10bn price tag
Royal Bafokeng Platinum is to list on the JSE with an estimated market cap of between R9.1bn and R10.6bn, says the group.
DMR backs down on Aquarius
The Department of Mineral Resources has backed away from its draconian safety directive to Aquarius Platinum which will continue standard mechanised mining operations while striving for better safety.
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
Strike, stoppages cane Northam earnings
Northam Platinum says safety related stoppages and a prolonged strike at the beginning of its financial year will hit the group's interim earnings by between 58% and 74%.
Lonmin write down an omen of stricken sector
Lonmin's announcement that it would write-down up to R2.05bn in assets would be the first of many in the stricken platinum sector, analysts said.
Gold, PGM numbers suggest Sibanye-Stillwater can pay handsome final dividend
SIBANYE-Stillwater's South African assets exceeded revised guidance in the second half of its 2020 financial year setting the company up for "significantly" better operating...
SA platinum miners ask court to block AMCU secondary strike on...
ANGLO American Platinum (Amplats), and other platinum miners, have asked the South African courts to block a secondary strike planned by the Association of...
Lonmin nudges BEE to 21.3% in Bapo deal
With six months before expiry of a 10-year BEE deadline, Lonmin unveils a royalties-for-equity deal with a local community upping its BEE equity participation to 21.3%.
Sylvania raises prospect of windfall dividends as rhodium gain dominates 2020...
SYLVANIA Platinum raised the prospect of a “windfall dividend” during its new financial year after registering elevated prices for rhodium and palladium which it...
Northam’s Kukama shaft at Eland to restart in 2020 financial year
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...