Northam hikes Booysendal capex
Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.
Platinum strike goes on as Govt talks fail
The Inter-Governmental Task Team has been dissolved without finding a way to end a 20-week strike over wages in South Africa's platinum industry.
Glencore divests of Lonmin, cuts $1bn in capex
Glencore is to unbundle its 23.9% stake in Lonmin to shareholders but said the distribution was not a dividend replacement.
Implats cash neutral “at worst” as inventory, rand and robust rhodium...
IMPALA Platinum's (Implats') mining operations would be at least cash neutral owing to the double benefit of a weaker rand and robust dollar prices...
Sibanye-Stillwater unveils $500m bond to finance expansion
SIBANYE-Stillwater is to issue $500m in convertible bonds which it will use to finance the recently announced $155m acquisition of recycling operations in the...
Coal mining, PGM processing permitted to continue during 21-day lockdown: Mantashe
SOUTH Africa's coal mines and processing facilities operated by platinum group metal (PGM) producers would continue to operate, albeit at reduced levels, during the...
RBPlat bounces back to profit but BRPM shaft “under review”
ROYAL Bafokeng Platinum (RBPlat) bounced back into profit owing to an improvement in the rand basket price of its platinum group metals (PGMs), but...
Europe will be hit the hardest in event of supply decline...
IN this long-dated review, I focus on the quantum and destination of South African platinum exportsand the impact the destination has on the above-ground stocks...
Nkwe, ARM’s rights standoff continues
Nkwe Platinum says it is still in negotiations over the dispute as to the ownership of certain farms controlled by the company and its majority shareholder, Genorah Resources.
Smokey Hills back in production
Platinum Australia says underground production at its Smokey Hills mine have resumed, following disruptions due to blockages to the access road.