Northam Platinum withdraws proposed offer for RBPlat after rhodium plummets
NORTHAM Platinum brought its 18 month battle for control of Royal Bafokeng Platinum (RBlat) to a swift end today announcing the termination of its...
PTM mops up after $590m loss, needs $30m to settle debt
PLATINUM Group Metals (PTM) brought the curtain down on a most difficult of years in which it shelved and then sold its much-vaunted Maseve...
NewCo’s Platmin in healthy state
THE ramp-up problems that have beset Platmin are a thing of the past
according to Chairman Brian Gilbertson, who says the mine will achieve its
production target by year-end.
Surging chrome price comes to rain-hit Tharisa’s rescue in first six...
A SURGING chrome price softened the impact of heavy rainfall for Tharisa which resulted in lower production of its co-product platinum group metals (PGM).
Commenting in...
$200m metals deal delivers clean, brushed up Lonmin ahead of Sibanye-Stillwater...
LONMIN reported a vastly improved net cash position of $114m for 2018, an increase of $97m for the year, and unveiled a $200m metals...
Sibanye’s Froneman sees logic of AngloGold’s Mponeng, but firm is not...
SIBANYE-Stillwater had "an open mind" about its gold business in South Africa saying that it would participate in evaluating the potential purchase of AngloGold...
Amplats urges PGM sector to focus on demand instead of growing...
THE platinum miners had to invest in growing market demand to ensure the continued viability of their industry and the key priority was to...
Mugabe critical of indigenisation deals
Robert Mugabe, Zimbabwe's president, did not believe his government should pay for the shares in Zimplats and Mimosa and criticised the indigenisation transactions.
Sibanye platinum bids win Competition Tribunal approval
SOUTH Africa's Competition Tribunal gave its vote of approval to Sibanye's proposed takeover of Rustenburg Platinum Mines from Anglo American Platinum (Amplats) as well...
Northam’s Booysendal hits stride with 160,000 oz/year run rate
NORTHAM Platinum is expected to report a run-rate of about 160,000 ounces of platinum group metals (PGMs) from its Booysendal North UG2 project when...