Shanduka seizes control of Incwala
Shanduka Resources is to pay R2.8bn in cash and debt in return for a 50.03% stake in Incwala Resources, the struggling empowerment initiative first rolled out by Lonmin in 2004.
Sylvania Platinum “could well pay windfall dividend” in 2022 if PGM...
SYLVANIA Platinum declared a final dividend of four pence per share on the back of a hefty 143% year on year improvement in annual...
Southern Palladium opts for two stage rollout of Bengwenyama
SOUTHERN Palladium on Thursday said it had decided to develop its 70% owned platinum group metals project Bengwenyama in two stages as financing in...
Implats finalises NAP bridging facility ahead of December 4 shareholder vote
SHAREHOLDERS of North American Palladium (NAP), the Toronto-listed company for which Impala Platinum (Implats) bid $758m, are to vote on the proposed cash transaction on...
Cash flush Tharisa to convert to owner-operator model
THARISA, a chrome and platinum group metal mining firm, is to buy a portion of the fleet operated by its mining contractor, MCC Contracts...
Northam strike continues with no end in sight
The National Union of Mineworkers says a strike by over 8 000 workers at Northam Platinum has entered its third day with "no resolution in sight".
Lonmin wins support for $800m rights offer
Betraying no hint of the conflict between his board and shareholder Xstrata, Lonmin's chairman says he looks forward to a dialogue now that the capital raiser will progress.
Lonmin suffers cable theft – pics
These images show significant copper cable that was stolen from Lonmin's operations during the strike earlier this year and which has impeded its ramp-up activities.
Wesizwe Pt plagued by more scuffles
Shareholders in Wesizwe Platinum squared up to each other again as fallout continues regarding voting rights of the Bakubung-Ba-Ratheo.
Bokoni Mines on knife-edge as R422m deal fails
The failure to supply R422m to Atlatsa Resources' Bokoni Mines had put the sustainability of the company at risk and triggered urgent refinancing discussions.