Amplats launches R10bn plan to stave off tough 2024
ANGLO American Platinum (Amplats) today announced plans to slash costs and cut expenditure for a total saving of R10bn in 2024 in an effort...
SA underpins widening platinum deficit
Johnson Matthey said closures and a loss of productivity would underpin a 78% increase in the platinum deficit, but added the price would still be contained.
Sibanye-Stillwater undaunted by AMCU threat of secondary strike at its PGM...
SIBANYE-Stillwater was unmoved by union threats of a secondary strike at its platinum group metal mines and would take "appropriate legal action" if one...
Gloves officially shed in Northam, Implats rivalry as pair duke it...
IMPALA Platinum (Implats) accused Northam Platinum of attempting to delay its proposed buy-out of Royal Bafokeng Platinum (RBPlat) until it was able to afford...
Lonmin to meet platinum sales target
Lonmin will meet its forecast of selling 700,000 oz of platinum in the year to September but at an additional cost of $17.5m because some 20,000 oz of platinum will be toll-smelted by a competitor.
Village declares Lesego to be shallower
Village said it had intersected platinum group metals at its 77%-held Lesego platinum prospect at some 700m, almost half the initial estimated depth of the resource.
Impala must improve on 2006 Zim deal
Impala Platinum said the Zimbabwean government had recognised Impala's previous indigenisation agreement, which must now be improved upon.
Marikana yields higher output for Lonmin
Lonmin said third quarter output from its Marikana underground operations yielded a 10.2% increase compared to the same period last year.
Lonmin’s pains hit CEO Farmer’s pocket
Lonmin CEO Ian Farmer had to let go of some R3m’s worth of incentive shares in the last two months, following the miner’s failure to meet targets.
Sibanye-Stillwater’s Stewart eyes return to dividend
AS incoming Sibanye-Stillwater CEO Richard Stewart steps into the massive mining boots of Neal Froneman, dividends are on his mind - and no doubt...