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UK gives green light to Sibanye-Stillwater, Lonmin transaction

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THE proposed merger of the platinum operations owned by Sibanye-Stillwater with Lonmin received another important approval today after the UK's Competition and Markets Authority...

Saudi PGM smelter proposal may test SA Govt’s loyalties

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PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force...

Sibanye closes the loss-making 4B shaft at Marikana but minimises job...

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Sibanye Stillwater is to close the 4B shaft at its Marikana platinum operations near Brits affecting 1,496 employees and 54 contractors some five years...

Lonmin transfer pricing claims “misleading”

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UK platinum producer, Lonmin, said an article alleging it sold metal to a Bermuda registered company to avoid meeting worker salaries is "misleading".

Platinum deficit to narrow in 2017 but WPIC bullish long-term

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THE deficit in the platinum market is forecast to narrow in 2017 to some 120,000 ounces (2016: 270,000 oz), according to the World Platinum...

Zimplats to transfer shares “at appropriate value’

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Impala Platinum’s proposal to cede a majority shareholding in Zimplats under Zimbabwe’s indigenisation laws has been accepted by that country’s government.

Aquarius considers temporary closure of Blue Ridge

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Aquarius Platinum may close its newly acquired Blue Ridge mine for up to seven months in order to carry out fundamental alterations to the mining infrastructure.

Implats signs five year wage agreement in line with 6.5% inflation

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IMPALA Platinum (Implats) today signed a new wage agreement with the Association of Mineworkers & Construction Union (AMCU) representing employees at its Rustenburg and...

Council to lobby central banks to adopt platinum

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The World Platinum Investment Council wants central banks to adopt platinum as a reserve asset and convert Chinese jewellery owners into platinum investors.

Aquarius ups Kroondal output for sixth quarter

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Aquarius Platinum provided further proof of why Anglo American Platinum chose to retain its joint venture with the company.