Is Nico Muller suited to the high level management of Implats?
THE appointment of Nico Muller as CEO of Impala Platinum (Implats) has drawn mixed reaction from the investment community with the focus falling on...
BASF may end Lonmin relationship unless human rights tackled
GERMAN chemicals company BASF has threatened to terminate its relationship with Lonmin if the UK-listed platinum group metals (PGM) business fails to tackle community...
Northam raises R1.35bn under note programme, makes further in-roads into debt
NORTHAM Platinum said it had completed the private placement of domestic term notes worth R1.35bn in a book-build that was oversubscribed.
The funds raised would...
Tharisa calls force majeure on chrome sales agreements after idling concentrators
THARISA declared force majeure on its contracted chrome concentrate sales agreements after shutting down its North West province chrome and platinum group metal (PGM) processing...
Smokey Hills underground ops restarted
Platinum Australia, the Australian exploration firm developing platinum projects in South Africa, says that underground mining operations have recommenced at the Smokey Hills Mine.
Northam Platinum “pauses, defers, curtails” projects as sales fall 25%
NORTHAM Platinum said on Monday it had adjusted capital projects across its three mines following a deterioration in the platinum group metal (PGM) market.
Commenting...
Implats appoints Goodlace as new CEO
Impala Platinum has announced the appointment of Terence Goodlace as its new CEO, with effect from July 1.
Palladium gains outpacing fundamentals leading to fear of price bubble, say...
THE continued rise in the price of palladium - up 20% this year even after a strong showing in 2019 - was rapidly turning...
Strike looms large for Lonmin
The National Union of Mineworkers rejected Lonmin's 9% to 10% wage increase offer raising the prospect of strike action.
Implats finally bows to Zim indigenisation laws
After more than a decade of controversy, it seems that Impala Platinum has finally bowed to Zimbabwe's indigenisation laws.