Implats may ask unions, Govt. to consider Bafokeng restructure
IMPALA Platinum (Implats) may backtrack on an agreement with unions and the department of trade and industry not to restructure shafts bought in last...
Northam to “withstand earnings pressures” of cyclical downturn
NORTHAM Platinum said today its balance sheet and cash generation were sufficiently strong to see off the cyclical downturn in platinum group metal prices...
Harmony Gold says CSA mine requires two year revamp
HARMONY Gold said this week it will recapitalise and rethink how to mine its recently acquired 41,000 ton a year CSA copper mine in...
Amplats raises prospect of saving more jobs
Anglo American Platinum, unions, and the DMR would resume the restructuring process for the platinum firm's Rustenburg shafts that may save yet more jobs.
Zimbabwe Govt approves Anglo Pt Unki plan
The Zimbabwean government has approved Anglo Platinum's proposal to
comply
with the country's indigenisation law.
Lonmin recovering, but Magara elusive on after-capex cash
THERE had been less safety-related stoppages at Lonmin's platinum shafts in the fourth quarter, and that the benefits of its restructuring had gained traction,...
Amplats pays R900m dividend as five-year strategy bears fruit
ANGLO American Platinum (Amplats) placed the cherry atop its painful five-year restructuring strategy by paying a R900m dividend - equal to R3.49/share - a...
Sibanye-Stillwater to restructure PGM shafts affecting 4,095 miners
SIBANYE-Stillwater announced today restructuring plans of its South African platinum group metal (shafts) affecting 4,095 full time employees and contractors.
The precious metals miner said...
Lonmin faces tough choices
Platinum producer Lonmin’s long walk back to respectability is being seriously
threatened by the sector’s mounting woes.
Implats extends offer for RBPlat shares ending hopes of double-quick deal...
IMPALA Platinum (Implats) CEO Nico Muller's hopes of bringing the curtain down on the group's offer for shares in Royal Bafokeng Platinum (RBPlat) have...