Platinum mines finally taking drastic action – PwC report
Profit margins on South African platinum mines dropped to 8.5% in 2016 from 9% in 2015 remaining at levels too low to be sustainable...
Wesizwe Platinum seeks unlawful declaration of $70m Maseve deal
AFRICA Wide Mineral & Prospecting Company (Africa Wide), a subsidiary company of Johannesburg-listed Wesizwe Platinum, has taken the unusual step of serving papers on...
Zimplats continues talks over local ownership
Impala Platinum says it remains in talks with Zimbabwe's government about its compliance with regulations by which it must put 51% of its stake into local hands.
Tharisa will consider equity partner for giant PGM Zimbabwe project
THARISA, the UK-listed chrome and platinum group metal (PGM) producer would consider taking on an equity partner for its Zimbabwe platinum group metal (PGM)...
Reopening mothballed shafts may yield 250koz/year for Lonmin
LONMIN was studying the feasibility of reopening shafts that could yield between 200,000 to 250,000 ounces a year of platinum group metals (PGM), roughly...
Amplats to suffer one fifth earnings slide
Anglo American Platinum forecast at least a 20% decline in headline share earnings for its 2014 financial year owing to the five month strike in the sector.
Phiri to head new platinum firm
Merafe Resources CEO Steve Phiri will step down at the end of March to become CEO of Royal Bafokeng Holdings' (RBH) new platinum company.
Amcu absent from Govt. brokered peace pact
Amcu missed the deadline for a peace pact with platinum firms amid confusion as to whether it is responsible for newly founded workers' committees.
Anglo to list Amplats in London to lessen ‘flow-back’
ANGLO American will list its 79% owned subsidiary Anglo American Platinum (Amplats) in London in an effort to stem capital outflows when the group...
High metal prices to boost AngloPlat earnings
Anglo Platinum, the world's largest platinum producer, says it expects to report increased first half earnings on the back of higher metal prices.