Workers stay away as Lonmin seeks peace deal
UPDATE: Fewer than one in seven Lonmin employees have turned up for work
as the company aims to have a peace agreement with all unions in place later
this week.
Platinum deficit of one million oz forecast while stocks also diminish
THE supply deficit in platinum is forecast to grow to more than one million ounces owing to increased demand from automakers and amid flat...
SA risks surrendering trade advantage by siding with Russia, says Sibanye-Stillwater
SOUTH Africa risked surrendering a competitive trade advantage by failing to remain neutral in respect of the war in Ukraine, said Sibanye-Stillwater's Africa head,...
Impala to raise R4bn in book-build
Impala Platinum said it would raise R4bn in an equity raising in order to shore up the balance sheet following a year in which cash fell 39.5% to R2.6bn.
Wesizwe’
-- FORMER Wesizwe CEO Arthur Mashiatshidi died on Saturday after a short illness, the company announced on Tuesday.
Wesizwe paid tribute to Mashiatshidi, saying...
Kazakh firm hopes to jump-start Zim mine
Kazakh mining group ENRC is keen to add platinum to its production portfolio, working to overcome hurdles for its Zimbabwe project.
A wild ride forecast for SA’s PGM miners as metal prices...
MAKING sense of the platinum group metals (PGM) industry right now is hard to do. The outlook for the platinum price has improved recently,...
Implats shuts Rustenburg Mines as it counts cost of tragedy
IMPALA Platinum (Implats) is to suspend production at its Rustenburg Mines for two days while it runs competency checks on winder equipment at other...
Anglo raises R7.2bn from Amplats bookbuild
ANGLO American raised R7.2bn in gross proceeds from an accelerated bookbuild of shares in its 78% owned Anglo American Platinum (Amplats).
The UK-listed firm announced...
RBPlat describes allegations of unethical conduct as “unfounded” and “highly defamatory”
ROYAL Bafokeng Platinum (RBPlat) described allegations of unethical conduct by its directors towards a consulting firm as "unfounded" and "highly defamatory", said Fin24 citing...