Implats’ restructure wins favour, but share gain may be ‘overdone’
IMPALA Platinum (Implats) shares soared nearly 15% in heavy trading on the JSE yesterday as it appeared investors had digested and approved of the...
Amplats to sell Pandora to Lonmin for R400m to R1bn.
ANGLO American Platinum (Amplats) kept up the momentum of portfolio restructuring announcing today it had agreed to sell its 42.5% stake in the Pandora...
Zelenskiy stake in Northam Platinum is fake news
A VIDEO circulating on social media claiming Ukrainian President Volodymyr Zelenskiy purchased a majority stake in Northam Platinum is fake news, said Reuters citing...
Zimplats tipped to launch objection to “idle ground” seizure
ZIMBABWE will move ahead with plans to seize control of "idle" mining ground, a move that has affected Zimplats which has until 13 February...
Atlatsa’s Bokoni will not be shut amid review
Atlatsa Resources said its R5bn recapitalisation programme with Amplats would
not be complete in July as forecast, but added there were no plans to close its
Bokoni mines amid Amplats’ restructuring review.
Union’s internal strife halts Lonmin mine
Lonmin says a dispute among officials of the National Union of Mineworkers has resulted in an unprotected strike at the group's Marikana operations.
Northam lifts stake in Zambezi Platinum to 40% after buying R960m...
NORTHAM Platinum has increased its stake in Zambezi Platinum to just over 40% after buying additional shares worth R959.7m.
The platinum firm said in an announcement...
Northam working again
Northam Platinum has recommenced mining operations after reaching an
agreement to resolve an unprotected strike which has cost the miner R192m in
revenue.
Lonmin feared to be in “vicious cycle” of under-investment
SHARES in Lonmin – up about 141% this year - have a long way to go before clawing back the dramatic losses suffered between...
Zimplats to transfer shares “at appropriate value’
Impala Platinum’s proposal to cede a majority shareholding in Zimplats under
Zimbabwe’s indigenisation laws has been accepted by that country’s
government.