Sylvania Platinum posts healthy profit despite production gremlins
SYLVANIA Platinum cut annual production guidance to between 66,000 to 68,000 platinum group metal (PGM) ounces for the its 2022 financial year owing to a...
Why the bull run in metal and mineral prices will resume
SPEAKING at the London Indaba conference this month, Anglo American's senior economist Paul Gait demonstrated a divergence between the investment market's stated views about...
Eastplats sues former directors on BEE ‘enrichment’ allegations
A NEW chapter has been added to Eastern Platinum's (Eastplats') legal odyssey with the Johannesburg-listed firm today saying it would litigate against former directors for...
Amplats dives 8% following Anglo spinoff plan announced
SOUTH African mines and energy minister may have warmed towards the unbundling of Anglo American Platinum (Amplats).
Asked by Bloomberg News what he thought of...
The challenges facing Sibanye-Stillwater’s new boss
SIBANYE-Stillwater CEO-designate Richard Stewart told investors last month he has no plans to change the miner’s strategy. Having been with Sibanye-Stillwater for a decade...
Jury out on whether AMCU has appetite for war of attrition
PLATINUM mineworkers’ current wage agreement with Anglo American Platinum (Amplats), Impala Platinum, and Lonmin came to an end on June 30, and the mining...
Amplats to take R750m pretax hit on Waterval smelter leak
ANGLO American Platinum (Amplats) would take a R750m hit to pretax earnings in its 2016 financial year owing to a leak at its Waterval...
Zimbabwe extends platinum tax deadline to end-2017
ZIMBABWE has again postponed a 15% tax on exports of unbeneficiated platinum group metals (PGMs) to 2018 so that miners can redouble their efforts...
Tharisa calls for patience as seeks “alternative” funding for Karo
THARISA posted flat full year earnings thanks to a strong chrome price, and record production in the metal, helping to offset a 28% decline...
Implats HEPS down by as much as 41%
Impala Platinum says its headline earnings for the past financial year may be down
by as much as 41%.