Amplats’ slashes net debt 25% as restructure takes hold
ANGLO American Platinum (Amplats) slashed net debt a quarter, lifted free cash flow R3.2bn, and said an interested party was kicking the tyres at...
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...
Smelter rebuild caps bad year for Northam
Northam Platinum's miserable year took another turn for the worse with the firm saying it would have to rebuild a furnace at its Zondereinde smelter.
Anglo to sell remaining stake in Valterra Platinum
ANGLO American said on Wednesday it would sell its remaining shares in Valterra Platinum equal to 19,9% in the company worth R44bn.
The transaction, by...
Tharisa seeks through the cycle profits, eyes payout lift
THARISA, a company that mines for chrome and platinum, was one of the best performing mining shares on the JSE last year largely owing...
Mixed tidings for SA as electric vehicles rev up performance
ONE in five cars to hit the road this year will be electric. That’s one million new cars a month, which will take the...
Lonmin pays dividend, sees platinum shortfall
Lonmin, the world's third-biggest platinum producer, has restarted dividends after posting a better-than-expected swing to full-year profit as prices and output recovered.
SA’s platinum group metal miners hit rock bottom – hopefully
TRADING updates from Impala Platinum and Anglo American Platinum this week are telling the story of last year’s wipeout in share prices. According to...
ARM takes medicine after tough two years at Bokoni Platinum
AFRICAN Rainbow Mineral's (ARM's) attempt to breathe fresh life into Bokoni Platinum, a mine in South Africa's Limpopo province, cost it dear in the...
Tharisa signs $130m debt facility
THARISA, a South African chrome and platinum group metals miner, announced on Wednesday it had signed a $130m debt facility which it would use...