NUM and Implats settle wage dispute
The National Union of Mineworkers has signed a wage deal with Impala Platinum over the weekend.
PTM scopes for massive $1bn Waterberg palladium mine
PLATINUM Group Metals (PTM) today unveiled details of its palladium-rich Waterberg PGM project which would create 3,361 jobs and cost just over $1bn to...
Solidarity seals wage deal with Lonmin
Trade union Solidarity says it has reached a two-year wage agreement with platinum miner Lonmin that will see its members get pay rises of up to 8%.
Implats warns unions of “alternative arrangements” to wages if lockdown extended
IMPALA Platinum (Implats) would not be able to guarantee the payment of employee wages were the South African government to extend the 21-day lockdown.
"Management...
Valterra CEO confident platinum price rally is sustainable
THIS year’s Platinum Week conference in London in May was a turning point for platinum group metals (PGMs) and the miners, said Valterra Platinum...
Froneman warns Lonmin deal is off should it fail cost out...
NEAL Froneman warned Ben Magara's Lonmin that failing to deliver on the platinum firm's restructuring plans would see the withdrawal of Sibanye-Stillwater's R5.1bn all...
Union rivalry again halts Implats operations
Implats says its Rustenburg operations will be affected by 3,000 platinum ounces daily due to another union rivalry-related unprotected work stoppage.
Labour pact just a pre-election palliative?
The labour, union and government pact that AMCU may or may not sign has been dismissed as a short-term, pre-election palliative by its critics.
Implats’ Muller says strike at Rustenburg shafts would be “devastating”
A STRIKE at the premises of Impala Platinum’s (Implats’) Rustenburg shafts would be “devastating” and “heart-breaking”, said the firm’s CEO, Nico Muller.
Muller was responding...
Platinum offer ‘won’t break strike’
A REVISED offer tabled by the world’s three biggest platinum producers, aiming to end a three-month strike, will be insufficient to get negotiators to a settlement before the elections on May 7, said Investec Asset Management.