Amplats exempt from supplying Zimbabwe’s Kell smelter
ANGLO American Platinum (Amplats) will complete construction of smelting facilities in Zimbabwe despite a pact between the government and Pallinghurst Resources that obliges platinum...
Sibanye-Stillwater, DRDGold raise red flag on lower full year profits as...
Precious metals group Sibanye Stillwater and its dump retreatment subsidiary DRDGold have posted trading statements indicating sharp drops in profits for their financial periods...
Southern Palladium unveils “tier one” Bengwenyama project
SOUTHERN Palladium on Thursday published a prefeasibility study of its 70% owned Bengwenyama venture in which it estimated first positive cash flow some seven...
Amplats furore knocked R40bn off Anglo
Investors fled Anglo American, although according to a legal expert the suspension of its mining licences would have to be conducted through the courts first.
Sibanye-Stillwater’s Neal Froneman says platinum could surge through $2,000/oz
THE platinum price could gain as much as 80% over the next four to five years, said Bloomberg News citing Neal Froneman, CEO of...
Implats has offer for RBPlat extended a second time
IMPALA Platinum (Implats) has pushed back the timing on its proposed acquisition of a controlling stake in Royal Bafokeng Platinum (RBPlat) for a second time...
Battle weary Lonmin slashes capex further
Lonmin has reined in capital expenditure for the next two years by another
23% as the company seeks to map its way forward following the events at
Marikana.
Sylvania completes scoping study on Volspruit project on the Northern Limb
SYLVANIA Platinum - which produced 72,704oz of platinum group metals (pgm) from retreating dump material in the year to end-June - has finalised a...
Amplats’ Griffith hails ‘constructive talks’
Chris Griffith, CEO of Anglo American Platinum, said the firm's relationship with mines minister, Susan Shabangu, is "back where it should be".
Lonmin seeks $800m in rights issue
UPDATED: Lonmin has proposed a rights issue of $800m, likely to take
place
before the end of the year, as part of a strategy to refinance its balance
sheet.