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Bokoni Mines on knife-edge as R422m deal fails

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The failure to supply R422m to Atlatsa Resources' Bokoni Mines had put the sustainability of the company at risk and triggered urgent refinancing discussions.

RBPlat’s Phiri delivers spectacular attack on RBH for selling “heritage” to...

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STEVE Phiri used his last presentation as CEO of Royal Bafokeng Platinum (RBPlat) to deliver a spectacular attack on the firm's former shareholder, Royal...

Sibanye-Stillwater continues balance sheet clean with $353.7m bond redemption

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SIBANYE-Stillwater continued to chip away at its balance sheet announcing today it would close out a $353.7m corporate bond. It rubbed out the balance of...

Tharisa bullish as PGM, chrome supplies tighten

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Tightening supply of chrome ore and platinum group metals would help lift Tharisa's second half assisted by the firm's optimisation drive.

RBPlat to pay R1.5bn dividend on record interims but revises full...

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THE cash keeps rolling in for South Africa's platinum group metal (PGM) producers. Royal Bafokeng Platinum (RBPlat) today announced record interim profits owing to a...

Lonmin pays dividend, sees platinum shortfall

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Lonmin, the world's third-biggest platinum producer, has restarted dividends after posting a better-than-expected swing to full-year profit as prices and output recovered.

NUM numbers 13% at Implats Rustenburg

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UPDATED: The National Union of Mineworkers represents 13% of workers at Impala Platinum in Rustenburg, according to a company letter (copy of letter included).

Major platinum cuts unlikely, says Griffith

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Anglo American Platinum CEO, Chris Griffith, said major restructuring in the South African platinum sector was unlikely "at these levels".

Northam forges ahead on Booysendal

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UPDATE - Northam Platinum approves R340m spend for its R3bn Booysendal project ahead of the start of construction in July. The rand batters the company's interim results.

Eastplats considers expansion options

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Eastern Platinum is looking again at how it could develop the various expansion projects it controls on the Eastern Limb of the platinum-bearing Bushveld Complex.