Zimplats workers strike over power bills
WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.
Aquarius swings back into profit
AQUARIUS Platinum swung to a net profit as higher metal prices outweighed lower output resulting from the temporary closure of the Everest mine.
Pallinghurst to challenge Lonmin
Pallinghurst Resources said it would be "neck and neck" with Lonmin, the world's third largest platinum producer, in several years.
Mathunjwa rages against Amplats, labour hire
Joseph Mathunjwa, president of AMCU, railed against Amplats' labour hire system which is a sticking point in a strike now into its second week.
Amcu ranks swell to 20,000, turns to Amplats
The Associated Mineworkers and Construction Union (Amcu) said it had a majority
at Impala, organisational rights at Lonmin, and had been asked by Amplats mines
to canvass for support there.
Sibanye-Stillwater CEO says no final dividend at spot metal prices
SIBANYE-Stillwater CEO Neal Froneman acknowledged that at spot metal prices the group was unlikely to pay a final dividend in 2023.
He also said the...
Amplats suspends dividend as debt grows 30%
UPDATED - The sheer cost of sustaining mines that can't make money saw Amplats debt grow to R13.2bn making restructuring an urgency.
RBPlat secures R1bn for Maseve after rights issue subscribed three times...
ROYAL Bafokeng Platinum (RBPlat) confirmed it had raised R1bn from a rights issue after is heavily discounted offer was more than three times subscribed.
A...
Sibanye-Stillwater to reinstate dividend in second half of 2020 after closing...
SIBANYE-Stillwater would reinstate the dividend at the half-year point of the current financial year, said group CEO, Neal Froneman today.
"We are seriously committed to...
Northam cuts R17bn deal with Royal Bafokeng Nation to stymie Implats’...
THE consolidation of South Africa's platinum group metals (PGMs) sector has taken an intriguing twist after Royal Bafokeng Holdings (RBH) said today it is...