SA govt moves to end strike as recession looms
Impelled by the prospect of a recession, the South African government has appointed a 'technical team' to break the platinum strike entering its 19th week.
Northam Platinum buys R1.3bn shares in Zambezi from PIC taking stake...
NORTHAM Platinum has bought R1.3bn in Zambezi Platinum preference shares from the Public Investment Corporation (PIC), the South African government asset manager.
In addition to...
Mantengu claims share price manipulation targeted PGM deal
MANTENGU Mining, a R171m chrome miner, today published incendiary allegations its share price had been manipulated and that the Johannesburg Stock Exchange (JSE) had...
SA platinum miners not under pressure to expand amid “supply cliff”...
ROYAL Bafokeng Platinum CEO, Steve Phiri, has dismissed concerns over the ability of South African platinum group metals (PGMs) producers to meet future demand...
Lonmin shares fall on nickel sales ban
Shares in Lonmin, the world's third-biggest platinum producer, fell around 3% as analysts say a South African government ban on its sales could be a serious threat to its business.
RBPlat listing on hold amid mine offer
The proposed listing of Royal Bafokeng Platinum has been placed on hold while its shareholders dwell on an unsolicited offer to buy Royal Bafokeng Rasimone Mine, RBPlat's key asset.
Implats’ full year headline earnings hit by lower PGM prices, disruption...
IMPALA Platinum (Implats) will post a decline in earnings for the year ended June 30 which it put down to lower production and a 4.5%...
Implats to take R1.25bn refined metal hit after furnace kept offline
IMPALA Platinum (Implats) reduced its gross refined platinum production target to between 1.51 to 1.56 million ounces for its 2018 financial year following a...
Northam Platinum best placed to withstand current PGM down cycle
NORTHAM Platinum will be able to "withstand the current down cycle better than many of its larger peers", said credit rating agency GCR Ratings.
Citing...
Nkwe still in talks over JV
Nkwe Platinum says it is still finalising its joint venture and mine development
negotiations.