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Implats signs five year wage agreement in line with 6.5% inflation

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IMPALA Platinum (Implats) today signed a new wage agreement with the Association of Mineworkers & Construction Union (AMCU) representing employees at its Rustenburg and...

Can a demerged Amplats enliven SA PGM sector?

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There was little to celebrate when the world’s platinum industry gathered in London last month. The past two years have been chastening ones for...

Jubilee to acquire chrome ore company

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Mining exploration and development company Jubilee Platinum has unveiled plans to acquire a firm that treats chrome ore in the platinum-rich western Bushveld.

Tharisa calls force majeure on chrome sales agreements after idling concentrators

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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...

RBPlat surges into net cash but strikes cautious note warning of...

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ROYAL Bafokeng Platinum (RBPlat) moved into net cash at the close of its interim period to June on the back of surging rhodium and...

Pallinghurst conjures R722m for Sedibelo

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Pallinghurst Resources said the funds would be used to take platinum group metal production for Sedibelo to 400,000 ounces in about 18 months.

Northam could build R7bn warchest

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Including debt, Northam Platinum could marshall R7bn in firepower as it seeks to grow Booysendal and possibly buy-in additional production.

RBPlat BRPM shaft restructure delivers fresh blow to SA mining

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ROYAL Bafokeng Platinum (RBPlat) is to restructure an unprofitable shaft at its Bafokeng Rasimone Platinum Mine (BRPM) which it shares in joint venture with...

Northam Platinum holds its ground despite “difficult market conditions”

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Northam Platinum shares rose more than 2% in early trading on the JSE on Monday following publication of a trading statement predicting maintained normalised...

Sibanye-Stillwater CEO says firm prepared to mothball US mine

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SIBANYE-Stillwater CEO Neal Froneman said the company was prepared to put its Stillwater mine in the US on care and maintenance as palladium prices...