Sibanye-Stillwater buy-back proves firm won’t “waste money” on M&A says Froneman
SIBANYE-Stillwater opted to buy back R10bn worth of its shares last week in a demonstration that it wasn’t going to waste money on mergers...
Implats loses 80,000 oz to date at Rustenburg
Impala Platinum says the violent labour dispute at its flagship Rustenburg operations has cost it 80,000 ounces in lost production to date.
AMCU deal imminent, but job losses inevitable
Amplats CEO, Chris Griffith, said the 10-week strike almost certainly involved more job losses but added that he felt a wage deal was around the corner.
Nkwe has IDC “in sights’ for R6bn Garatau project
The Australian-listed platinum firm says low cost nature of mine will help attract
investors despite harrowing times for the platinum industry.
Sibanye-Stillwater bails from WPIC, Implats says departure is “big loss” to...
SIBANYE-Stillwater confirmed it was heading out of the World Platinum Investment Council (WPIC), saying that as "a new kid on the block" the company...
Govt suspended platinum mining in Rustenburg
The mines safety inspectorate in the North West province said underground operations had to close - and then, unusually, changed its mine 24 hours later.
Eastplats delivers PGM concentrate to Implats after completing first stage plant...
EASTERN Platinum (Eastplats) said it delivered 64 tons of platinum group metal (PGM) concentrate to Impala Platinum following the commissioning of plant at its...
Northam Platinum posts solid lift in first half production
NORTHAM Platinum reported a 3.7% increase in refined platinum for the six months ended December as production ramped up at Eland and there was...
Lonmin running out of road whilst deal with Sibanye-Stillwater grinds to...
LONMIN gave a glimpse of life sans its skin-saving takeover with Sibanye-Stillwater today saying recent balance sheet restructuring was not enough to stave off...
Amplats agrees five year wage deal with AMCU
ANGLO American Platinum (Amplats) has agreed a new five-year wage deal, said Bloomberg News citing the Association of Mineworkers & Construction Union (AMCU).
The deal...