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Impala dealt 30-day ultimatum on Mimosa

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Zimbabwe has ratcheted up the pressure on Impala Platinum and Aquarius Platinum, demanding they come up with an acceptable indigenisation plan for Mimosa or face "enforcement mechanisms'.

Sibanye-Stillwater’s Froneman prepared to intensify restructuring

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SIBANYE-Stillwater was prepared to increase its cost cutting exercises were current commodity prices to persist or worsen. Speaking to BusinessLive, the precious metal miner's CEO...

PGMs to remain critical feature as Tharisa plots future

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THARISA CFO, Michael Jones, expressed genuine surprise that his company was twice the value of Lonmin. At a market capitalisation R5bn, Tharisa has come...

Sibanye, Implats – a marriage of convenience in SA platinum

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GROUND-sharing with Impala Platinum (Implats) has been highlighted as one of the best methods through which Sibanye Gold can extend its footpring in South...

Amplats’ Griffith fears strike will foil restructure

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Chris Griffith, CEO of Amplats, said a strike at its premises on Thursday would see its restructuring efforts unravel.

Implats to benefit most from palladium surge through $3,000/oz, says Citi

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THE price of palladium could challenge $3,000 per ounce according to a report by Citi last week which has tipped Impala Platinum (Implats) to...

Aquarius Platinum swings to quarterly net loss

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Aquarius Platinum has swung to a quarterly net loss due to adverse foreign exchange moves and lower precious metal production as a result of operational problems.

Mathunjwa risks losing AMCU amid questions of identity and direction

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THE Association of Mineworkers and Construction Union (AMCU) seems to have reached a plateau after its five-month strike in Sibanye-Stillwater’s gold mines effectively accomplished...

Sibanye-Stillwater issues “dire” outlook for SA precious metals if power curtailments...

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SIBANYE-Stillwater warned continued power curtailments in South Africa at the current rate will have "dire" consequences for the country in which marginal shafts will...

Platinum marks new six-year high as recovery, Covid-19 set to widen...

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THE prospect of economic recovery and fears that Covid-19 will continue to disrupt supply from South Africa had taken the price of platinum to...