Tax smacks Zimplats profit, but continues to study growth options
A MASSIVE increase in tax payments weighed on Zimplats' profits, a business unit of Johannesburg-listed Impala Platinum (Implats), however, the firm's CEO, Alex Mhembere, said...
SA platinum miners ask court to block AMCU secondary strike on...
ANGLO American Platinum (Amplats), and other platinum miners, have asked the South African courts to block a secondary strike planned by the Association of...
Stuart ‘King Rat’ Murray quits Aquarius Pt
Stuart Murray has resigned from Aquarius Platinum, the company he grew with
aplomb until the market turned down, savaging eleven years of work.
Big year for Ivanhoe as prepares to open SA platinum mine
MARNA Cloete is accustomed to the doubters. When Ivanhoe Mines, of which she is president (“CEO in South African terms,” she explains), was first...
SA mines deliver for Aquarius
Aquarius Platinum has reported good production numbers for the December quarter, which bodes well as the rand platinum price has risen.
Sibanye to buy Stillwater for R30bn, plans R10.3bn rights issue
SIBANYE Gold is to buy New York-listed platinum group metal (PGM) producer, Stillwater Mining Company (Stillwater), for $2.2bn in a deal that internationalises the...
SA platinum group metal shares tipped to push higher as positive...
SHARES in South African platinum group metal (PGM) mining firms could push higher in the short-term owing to metal supply constraints, said Bloomberg News.
"Given...
Tharisa amps up the payout policy, pays 5 US cent dividend
THARISA, a Johannesburg-listed platinum group metal (PGM) and chrome producer, delivered on a promise to revisit its dividend policy announcing today it would increase...
Wesizwe Platinum to cut jobs at “bloated” Bakubung mine
THE jobs bloodbath in South Africa's platinum group metal (PGM) sector worsened on Monday after Wesizwe Platinum said it planned to restructure its "bloated"...
AngloPlat still out in the cold
Anglo Platinum has still not converted any of its old order mining rights into new order mining rights more than two years after Anglo American CEO Cynthia Carroll reckoned the situation was sorted.