Hard going for Anooraq and Eastplats
The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.
Contractors warn Numsa they cannot long support “unprotected’ strike at Implats...
A STRIKE among members of the National Union of Metalworkers South Africa (NUMSA) at Impala Platinum's (Implats') Rustenburg mines has been declared unlawful, according...
Ben’s bet only delayed inevitable Sibanye-Stillwater bid for Lonmin
IT looks as if Lonmin CEO, Ben Magara, saw the writing on the wall roughly three-quarters through 2017. Faced with the prospect that the...
NUM, Shabangu to talk over job losses
The National Union of Mineworkers is taking its concerns about potential job
losses in the platinum sector to a meeting with Mineral Resources Minister
Susan Shabangu.
Northam Platinum fine tunes R10bn loan note programme to limit cash...
NORTHAM Platinum sought to preserve liquidity amid the COVID-19 pandemic - and even extend it - announcing today it would buy and cancel about...
Mathunjwa risks losing AMCU amid questions of identity and direction
THE Association of Mineworkers and Construction Union (AMCU) seems to have reached a plateau after its five-month strike in Sibanye-Stillwater’s gold mines effectively accomplished...
Impala facing rights issue if slump persists
Impala Platinum's balance sheet may be under fresh pressure if current platinum prices were to be maintained for another year.
Implats CEO forecasts “squeeze” in PGM industry forcing new collaboration
IMPALA Platinum (Implats) CEO, Nico Muller said the structure of South Africa's platinum group metals (PGM) industry could change owing to "a squeeze" in...
Anooraq/Atlatsa: new name, same problems
Anooraq Resources has officially changed its name to Atlatsa Resources Corporation, but the challenges facing the stricken PGM producer remain as real as ever.
“We could have done it better”: Lonmin’s Magara
Costly decisions on mechanisation, new projects and failing to cut production quickly enough were mistakes his and other platinum companies had committed.